2, BANKSIDE, LAZONBY, PENRITH, CA10 1BN - £205,000

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.

2 BANKSIDE is a very small extended terraced house of 84m², built sometime between 2003 and 2006, which could now be worth an estimated £194,204. It was last sold for £205,000 in September 2024, which was around 13% above the average September 2024 terraced price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

2 BANKSIDE Sold Prices

Land registry data shows two sales for 2 BANKSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Westmorland and Furness local authority area for the corresponding sale date. One of the two 2 BANKSIDE sales was for above the average price, whilst the other 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
2024 6 SEP	£205,000	£181,315	13% above HPI
2004 30 DEC	£90,000	£103,975	13% below HPI

2 BANKSIDE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The two 2 BANKSIDE sales from December 2004 and September 2024 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 December 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2024 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 BANKSIDE be worth now?

2 BANKSIDE might now be worth an estimated £194,204.

This is based on house price deflation of 5.3%, between September 2024 and June 2025, for terraced 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 5.3% deflationary decrease is applied to the most recent sale price for 2 BANKSIDE of £205,000 on 6th September 2024. For the value to have decreased from £205,000 to £194,204 over the one year and three months to June 2025, the following assumptions must hold true:

• The value of 2 BANKSIDE has moved in line with the HPI for terraced houses in the Westmorland and Furness local authority area.
• The September 2024 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BANKSIDE has not materially changed since September 2024.

How Large is 2 BANKSIDE?

2 BANKSIDE is 84m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of terraced houses houses in Lazonby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lazonby, and where 2 BANKSIDE lies on this distribution: 8% of terraced houses houses are smaller than 2 BANKSIDE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lazonby.

2 BANKSIDE: Plot and Title Map

2 BANKSIDE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 2 BANKSIDE, 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 2 BANKSIDE). 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 2 BANKSIDE?

2 BANKSIDE is located in LAZONBY, in the CA10 postcode district. The below map shows the position of No. 2 on BANKSIDE.