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

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.

SILVER BIRCH is a very small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £277,008. It was last sold for £250,000 in February 2022, which was around 30% 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	£359,380	30% below HPI
2016 14 OCT	£250,000	£287,195	13% below HPI
2007 27 JUL	£230,000	£275,306	16% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might SILVER BIRCH be worth now?

SILVER BIRCH might now be worth an estimated £277,008.

This is based on house price inflation of 10.8%, between February 2022 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 10.8% inflationary increase is applied to the most recent sale price for SILVER BIRCH of £250,000 on 4th February 2022. For the value to have increased from £250,000 to £277,008 over the three years to February 2025, the following assumptions must hold true:

• The value of SILVER BIRCH has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The February 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of SILVER BIRCH has not materially changed since February 2022.

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 houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penrith, and where SILVER BIRCH lies on this distribution: 19% of detached houses houses are smaller than SILVER BIRCH, and 80% 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.