2, LAMLEY GARDENS, PENRITH, CA11 9LR - £470,000

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 LAMLEY GARDENS is a large extended detached house of 138m², built sometime between 1996 and 2002, which could now be worth an estimated £473,561. It was last sold for £470,000 in September 2022, which was around 22% above the average September 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

2 LAMLEY GARDENS Sold Prices

Land registry data shows three sales for 2 LAMLEY GARDENS 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 2 LAMLEY GARDENS 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
2022 5 SEP	£470,000	£385,109	22% above HPI
2007 6 AUG	£375,000	£279,498	34% above HPI
2000 26 MAY	£165,000	£110,209	50% above HPI

2 LAMLEY GARDENS 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 2 LAMLEY GARDENS sales between May 2000 and September 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 August 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 2 LAMLEY GARDENS be worth now?

2 LAMLEY GARDENS might now be worth an estimated £473,561.

This is based on house price inflation of 0.8%, between September 2022 and May 2026, 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 0.8% inflationary increase is applied to the most recent sale price for 2 LAMLEY GARDENS of £470,000 on 5th September 2022. For the value to have increased from £470,000 to £473,561 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 2 LAMLEY GARDENS has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The September 2022 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAMLEY GARDENS has not materially changed since September 2022.

How Large is 2 LAMLEY GARDENS?

2 LAMLEY GARDENS is 138m², which includes four extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 40% 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 2 LAMLEY GARDENS lies on this distribution: 63% of detached houses houses are smaller than 2 LAMLEY GARDENS, and 36% of houses are larger. Note that EPC data is not available for all properties in Penrith.

2 LAMLEY GARDENS: Plot and Title Map

2 LAMLEY GARDENS sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 2 LAMLEY GARDENS, 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 LAMLEY GARDENS). 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 LAMLEY GARDENS?

2 LAMLEY GARDENS is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 2 on LAMLEY GARDENS.