INGLE NEUK, LAZONBY, PENRITH, CA10 1AJ - £370,000

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.

INGLE NEUK is a small detached house of 127m², built sometime before 1900, which could now be worth an estimated £403,838. It was last sold for £370,000 in March 2022, which was around 4% above the average March 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

INGLE NEUK Sold Prices

Land registry data shows three sales for INGLE NEUK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. One of the three INGLE NEUK sales was for above the average price, whilst two 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
2022 1 MAR	£370,000	£355,514	4% above HPI
2018 12 OCT	£295,000	£308,868	4% below HPI
2016 19 AUG	£235,000	£290,339	19% below HPI

INGLE NEUK 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 three INGLE NEUK sales between August 2016 and March 2022 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 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might INGLE NEUK be worth now?

INGLE NEUK might now be worth an estimated £403,838.

This is based on house price inflation of 9.1%, between March 2022 and May 2026, for detached 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 9.1% inflationary increase is applied to the most recent sale price for INGLE NEUK of £370,000 on 1st March 2022. For the value to have increased from £370,000 to £403,838 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of INGLE NEUK has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The March 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of INGLE NEUK has not materially changed since March 2022.

How Large is INGLE NEUK?

INGLE NEUK is 127m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses houses in Lazonby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lazonby, and where INGLE NEUK lies on this distribution: 34% of detached houses houses are smaller than INGLE NEUK, and 63% of houses are larger. Note that EPC data is not available for all properties in Lazonby.

INGLE NEUK: Plot and Title Map

INGLE NEUK sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of INGLE NEUK, 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 INGLE NEUK). 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 INGLE NEUK?

INGLE NEUK is located in LAZONBY, in the CA10 postcode district. The below map shows the position of INGLE NEUK in LAZONBY.