MEADOW LODGE, CULGAITH, PENRITH, CA10 1QL - £320,000

MEADOW LODGE is a small extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £320,000 in October 2003, which was around 74% above the average October 2003 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

MEADOW LODGE Sold Prices

Land registry data shows three sales for MEADOW LODGE 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. All of the three MEADOW LODGE sales were 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
2003 1 OCT	£320,000	£184,079	74% above HPI
1999 9 JUL	£165,000	£98,132	68% above HPI
1997 24 MAR	£160,000	£84,351	90% above HPI

MEADOW LODGE 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 MEADOW LODGE sales between March 1997 and October 2003 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 July 1999 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2003 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is MEADOW LODGE?

MEADOW LODGE is 116m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Culgaith, based on EPC data. The below chart shows the distribution of detached houses by size in Culgaith, and where MEADOW LODGE lies on this distribution: 26% of detached houses are smaller than MEADOW LODGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Culgaith.

MEADOW LODGE: Plot and Title Map

MEADOW LODGE sits on a plot of roughly 2.2 acres, or 8,801m². The below map shows the location of MEADOW LODGE, 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 MEADOW LODGE). 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 MEADOW LODGE?

MEADOW LODGE is located in CULGAITH, in the CA10 postcode district. The below map shows the position of MEADOW LODGE in CULGAITH.