3, CROFT CLOSE, LAZONBY, PENRITH, CA10 1AL - £128,500

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.

3 CROFT CLOSE is a very small terraced house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £162,559. It was last sold for £128,500 in April 2017, which was around 5% below the average April 2017 terraced price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

3 CROFT CLOSE Sold Prices

Land registry data shows two sales for 3 CROFT CLOSE 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. Both of the two 3 CROFT CLOSE 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
2017 3 APR	£128,500	£135,778	5% below HPI
2015 4 MAR	£117,000	£126,377	7% below HPI

3 CROFT CLOSE 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 3 CROFT CLOSE sales from March 2015 and April 2017 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 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 CROFT CLOSE be worth now?

3 CROFT CLOSE might now be worth an estimated £162,559.

This is based on house price inflation of 26.5%, between April 2017 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 26.5% inflationary increase is applied to the most recent sale price for 3 CROFT CLOSE of £128,500 on 3rd April 2017. For the value to have increased from £128,500 to £162,559 over the seven years and ten months to June 2025, the following assumptions must hold true:

• The value of 3 CROFT CLOSE has moved in line with the HPI for terraced houses in the Westmorland and Furness local authority area.
• The April 2017 sale price of £128,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CROFT CLOSE has not materially changed since April 2017.

How Large is 3 CROFT CLOSE?

3 CROFT CLOSE is 61m² according to the EPC inspection conducted in January 2012. 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 3 CROFT CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 3 CROFT CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lazonby.

3 CROFT CLOSE: Plot and Title Map

3 CROFT CLOSE sits on a plot of roughly 0.013 of an acre, or 51m². The below map shows the location of 3 CROFT CLOSE, 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 3 CROFT CLOSE). 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 3 CROFT CLOSE?

3 CROFT CLOSE is located in LAZONBY, in the CA10 postcode district. The below map shows the position of No. 3 on CROFT CLOSE.