22, BEACON EDGE, PENRITH, CA11 7SG - £290,000

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.

22 BEACON EDGE is a midsized extended terraced house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £305,782. It was last sold for £290,000 in June 2021, which was around 78% above the average June 2021 terraced price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

22 BEACON EDGE Sold Prices

Land registry data shows three sales for 22 BEACON EDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three 22 BEACON EDGE 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
2021 25 JUN	£290,000	£162,901	78% above HPI
2018 31 JUL	£240,000	£145,847	65% above HPI
2007 13 JUL	£220,000	£136,640	61% above HPI

22 BEACON EDGE 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 three 22 BEACON EDGE sales between July 2007 and June 2021 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 July 2018 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the June 2021 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 22 BEACON EDGE be worth now?

22 BEACON EDGE might now be worth an estimated £305,782.

This is based on house price inflation of 5.4%, between June 2021 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 5.4% inflationary increase is applied to the most recent sale price for 22 BEACON EDGE of £290,000 on 25th June 2021. For the value to have increased from £290,000 to £305,782 over the four years to June 2025, the following assumptions must hold true:

• The value of 22 BEACON EDGE has moved in line with the HPI for terraced houses in the Westmorland and Furness local authority area.
• The June 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 22 BEACON EDGE has not materially changed since June 2021.

How Large is 22 BEACON EDGE?

22 BEACON EDGE is 121m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of terraced houses houses in Penrith, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Penrith, and where 22 BEACON EDGE lies on this distribution: 50% of terraced houses houses are smaller than 22 BEACON EDGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Penrith.

22 BEACON EDGE: Plot and Title Map

22 BEACON EDGE sits on a plot of roughly 1.9 acres, or 7,808m². The below map shows the location of 22 BEACON EDGE, 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 22 BEACON EDGE). 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 22 BEACON EDGE?

22 BEACON EDGE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 22 on BEACON EDGE.