SILVER BIRCH, FELL LANE, PENRITH, CA11 8AR - £250,000

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

SILVER BIRCH is a very small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £250,000 in February 2022, which was around 29% below the average February 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

SILVER BIRCH Sold Prices

Land registry data shows three sales for SILVER BIRCH 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. All of the three SILVER BIRCH 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
2022 4 FEB	£250,000	£353,296	29% below HPI
2016 14 OCT	£250,000	£282,333	11% below HPI
2007 27 JUL	£230,000	£270,645	15% below HPI

SILVER BIRCH 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 SILVER BIRCH sales between July 2007 and February 2022 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 October 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is SILVER BIRCH?

SILVER BIRCH is 89m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where SILVER BIRCH lies on this distribution: 20% of detached houses are smaller than SILVER BIRCH, and 79% of houses are larger. Note that EPC data is not available for all properties in Penrith.

SILVER BIRCH: Plot and Title Map

SILVER BIRCH sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of SILVER BIRCH, 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 SILVER BIRCH). 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 SILVER BIRCH?

SILVER BIRCH is located on FELL LANE in PENRITH, in the CA11 postcode district. The below map shows the position of SILVER BIRCH on FELL LANE.