PENNINE COTTAGE, SCAUR LANE, LAZONBY, PENRITH, CA10 1AH - £176,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PENNINE COTTAGE is a very small detached house of 66m², which could now be worth an estimated £229,269. It was last sold for £176,000 in March 2018, which was around 42% below the average March 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

PENNINE COTTAGE Sold Prices

Land registry data shows two sales for PENNINE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two PENNINE COTTAGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 29 MAR	£176,000	£305,684	42% below HPI
2015 8 MAY	£151,200	£279,922	46% below HPI

PENNINE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The two PENNINE COTTAGE sales from May 2015 and March 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2018 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might PENNINE COTTAGE be worth now?

PENNINE COTTAGE might now be worth an estimated £229,269.

This is based on house price inflation of 30.3%, between March 2018 and February 2025, for detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.3% inflationary increase is applied to the most recent sale price for PENNINE COTTAGE of £176,000 on 29th March 2018. For the value to have increased from £176,000 to £229,269 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of PENNINE COTTAGE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The March 2018 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of PENNINE COTTAGE has not materially changed since March 2018.

How Large is PENNINE COTTAGE?

PENNINE COTTAGE is 66m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses houses in Lazonby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lazonby, and where PENNINE COTTAGE lies on this distribution: 2% of detached houses houses are smaller than PENNINE COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lazonby.

PENNINE COTTAGE: Plot and Title Map

PENNINE COTTAGE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of PENNINE COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of PENNINE COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is PENNINE COTTAGE?

PENNINE COTTAGE is located on SCAUR LANE in LAZONBY, in the CA10 postcode district. The below map shows the position of PENNINE COTTAGE on SCAUR LANE.