THE LODGE, BERRIER ROAD, GREYSTOKE, PENRITH, CA11 0UE - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE LODGE is a very small extended detached house of 70m², built sometime before 1900, which could now be worth an estimated £499,850. It was last sold for £360,000 in March 2016, which was around 24% above the average March 2016 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

THE LODGE Sold Prices

Land registry data shows four sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Most of the four THE LODGE 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
2016 31 MAR	£360,000	£289,632	24% above HPI
2012 1 NOV	£340,000	£264,381	29% above HPI
2007 27 JUN	£330,000	£270,999	22% above HPI
1999 10 MAY	£93,000	£96,680	4% below HPI

THE LODGE 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 four THE LODGE sales between May 1999 and March 2016 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 November 2012 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2016 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might THE LODGE be worth now?

THE LODGE might now be worth an estimated £499,850.

This is based on house price inflation of 38.8%, between March 2016 and December 2024, 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 38.8% inflationary increase is applied to the most recent sale price for THE LODGE of £360,000 on 31st March 2016. For the value to have increased from £360,000 to £499,850 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of THE LODGE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The March 2016 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of THE LODGE has not materially changed since March 2016.

How Large is THE LODGE?

THE LODGE is 70m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses houses in Greystoke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greystoke, and where THE LODGE lies on this distribution: 8% of detached houses houses are smaller than THE LODGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Greystoke.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located on BERRIER ROAD in GREYSTOKE, in the CA11 postcode district. The below map shows the position of THE LODGE on BERRIER ROAD.