SCHOOL HOUSE, MORLAND, PENRITH, CA10 3AT - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SCHOOL HOUSE is a midsized extended detached house of 116m², built sometime before 1900. It was last sold for £425,000 in December 2021, which was around 26% above the average December 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was A.

SCHOOL HOUSE Sold Prices

Land registry data shows three sales for SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Two of the three SCHOOL HOUSE sales were for above the average price, whilst one was 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
2021 3 DEC	£425,000	£338,175	26% above HPI
1997 29 MAY	£98,000	£86,279	14% above HPI
1995 1 AUG	£65,219	£83,149	22% below HPI

SCHOOL HOUSE 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 three SCHOOL HOUSE sales between August 1995 and December 2021 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 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 116m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Morland, based on EPC data. The below chart shows the distribution of detached houses by size in Morland, and where SCHOOL HOUSE lies on this distribution: 56% of detached houses are smaller than SCHOOL HOUSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Morland.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.472 of an acre, or 1,908m². The below map shows the location of SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

SCHOOL HOUSE is located in MORLAND, in the CA10 postcode district. The below map shows the position of SCHOOL HOUSE in MORLAND.