8, FELL LANE, PENRITH, CA11 8AA - £77,000

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.

8 FELL LANE is a very small extended terraced house of 42m², built sometime before 1900, which could now be worth an estimated £100,776. It was last sold for £77,000 in July 2015, which was around 41% below the average July 2015 terraced price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

8 FELL LANE Sold Prices

Land registry data shows two sales for 8 FELL LANE 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 8 FELL LANE 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
2015 24 JUL	£77,000	£131,241	41% below HPI
1997 14 NOV	£25,000	£38,587	35% below HPI

8 FELL LANE 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 8 FELL LANE sales from November 1997 and July 2015 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 November 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 8 FELL LANE be worth now?

8 FELL LANE might now be worth an estimated £100,776.

This is based on house price inflation of 30.9%, between July 2015 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 30.9% inflationary increase is applied to the most recent sale price for 8 FELL LANE of £77,000 on 24th July 2015. For the value to have increased from £77,000 to £100,776 over the ten years and one month to June 2025, the following assumptions must hold true:

• The value of 8 FELL LANE has moved in line with the HPI for terraced houses in the Westmorland and Furness local authority area.
• The July 2015 sale price of £77,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FELL LANE has not materially changed since July 2015.

How Large is 8 FELL LANE?

8 FELL LANE is 42m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% 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 8 FELL LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 FELL LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Penrith.

8 FELL LANE: Plot and Title Map

8 FELL LANE sits on a plot of roughly 0.007 of an acre, or 29m². The below map shows the location of 8 FELL LANE, 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 8 FELL LANE). 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 8 FELL LANE?

8 FELL LANE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 8 on FELL LANE.