PENNINE WAY, BANKFIELD, BECKERMET, CA21 2YG - £233,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PENNINE WAY is a large extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £233,000 in August 2017, which was around 8% above the average August 2017 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

PENNINE WAY Sold Prices

Land registry data shows two sales for PENNINE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Both of the two PENNINE WAY sales were for above 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
2017 18 AUG	£233,000	£216,287	8% above HPI
2015 13 APR	£225,000	£199,311	13% above HPI

PENNINE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The two PENNINE WAY sales from April 2015 and August 2017 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 April 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is PENNINE WAY?

PENNINE WAY is 132m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Beckermet, based on EPC data. The below chart shows the distribution of detached houses by size in Beckermet, and where PENNINE WAY lies on this distribution: 63% of detached houses are smaller than PENNINE WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Beckermet.

PENNINE WAY: Plot and Title Map

PENNINE WAY sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of PENNINE WAY, 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 WAY). 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 WAY?

PENNINE WAY is located on BANKFIELD in BECKERMET, in the CA21 postcode district. The below map shows the position of PENNINE WAY on BANKFIELD.