24, MEADOW CROFT, PENRITH, CA11 8EH - £189,000

24 MEADOW CROFT is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £189,000 in May 2020, which was around 38% below the average May 2020 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

24 MEADOW CROFT Sold Prices

Land registry data shows four sales for 24 MEADOW CROFT 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. All of the four 24 MEADOW CROFT 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
2020 7 MAY	£189,000	£302,759	38% below HPI
2016 1 DEC	£187,500	£282,011	34% below HPI
2008 20 OCT	£175,000	£268,914	35% below HPI
1995 17 MAR	£57,000	£78,082	27% below HPI

24 MEADOW CROFT 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 24 MEADOW CROFT sales between March 1995 and May 2020 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 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 24 MEADOW CROFT?

24 MEADOW CROFT is 65m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 MEADOW CROFT lies on this distribution: 3% of detached houses are smaller than 24 MEADOW CROFT, and 97% of houses are larger. Note that EPC data is not available for all properties in Penrith.

24 MEADOW CROFT: Plot and Title Map

24 MEADOW CROFT sits on a plot of roughly 0.911 of an acre, or 3,688m². The below map shows the location of 24 MEADOW CROFT, 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 MEADOW CROFT). 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 MEADOW CROFT?

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