8, WETHERIGGS LANE, PENRITH, CA11 8PD - £297,500

8 WETHERIGGS LANE is a midsized extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £297,500 in May 2018, which was around 1% below the average May 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

8 WETHERIGGS LANE Sold Prices

Land registry data shows two sales for 8 WETHERIGGS LANE 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. One of the two 8 WETHERIGGS LANE sales was for below the average price, whilst the other was 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
2018 21 MAY	£297,500	£301,275	1% below HPI
2001 25 OCT	£187,000	£128,576	45% above HPI

8 WETHERIGGS LANE 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 8 WETHERIGGS LANE sales from October 2001 and May 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 October 2001 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 8 WETHERIGGS LANE?

8 WETHERIGGS LANE is 127m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 8 WETHERIGGS LANE lies on this distribution: 57% of detached houses are smaller than 8 WETHERIGGS LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Penrith.

8 WETHERIGGS LANE: Plot and Title Map

8 WETHERIGGS LANE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 8 WETHERIGGS 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 WETHERIGGS 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 WETHERIGGS LANE?

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