24, LABURNUM WAY, PENRITH, CA11 8UJ - £200,000

24 LABURNUM WAY is a very small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £200,000 in November 2018, which was around 34% below the average November 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

24 LABURNUM WAY Sold Prices

Land registry data shows two sales for 24 LABURNUM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 24 LABURNUM WAY 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
2018 9 NOV	£200,000	£301,963	34% below HPI
1999 31 MAR	£82,800	£94,103	12% below HPI

24 LABURNUM WAY 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 two 24 LABURNUM WAY sales from March 1999 and November 2018 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 March 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 24 LABURNUM WAY?

24 LABURNUM WAY is 88m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 24 LABURNUM WAY lies on this distribution: 19% of detached houses are smaller than 24 LABURNUM WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Penrith.

24 LABURNUM WAY: Plot and Title Map

24 LABURNUM WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 24 LABURNUM WAY, 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 24 LABURNUM WAY). 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 24 LABURNUM WAY?

24 LABURNUM WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 24 on LABURNUM WAY.