1, JOINERS YARD, TEMPLE SOWERBY, PENRITH, CA10 1RU - £175,000

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.

1 JOINERS YARD is a small semi-detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £178,315. It was last sold for £175,000 in July 2022, which was around 26% below the average July 2022 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

1 JOINERS YARD Sold Prices

Land registry data shows four sales for 1 JOINERS YARD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. Most of the four 1 JOINERS YARD 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
2022 29 JUL	£175,000	£237,905	26% below HPI
2007 17 JUL	£163,000	£175,767	7% below HPI
2006 21 APR	£132,500	£156,799	15% below HPI
2000 2 MAR	£64,750	£59,119	10% above HPI

1 JOINERS YARD 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 four 1 JOINERS YARD sales between March 2000 and July 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 July 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 JOINERS YARD be worth now?

1 JOINERS YARD might now be worth an estimated £178,315.

This is based on house price inflation of 1.9%, between July 2022 and April 2026, for semi-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 1.9% inflationary increase is applied to the most recent sale price for 1 JOINERS YARD of £175,000 on 29th July 2022. For the value to have increased from £175,000 to £178,315 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 1 JOINERS YARD has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The July 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JOINERS YARD has not materially changed since July 2022.

How Large is 1 JOINERS YARD?

1 JOINERS YARD is 66m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of semi-detached houses in Temple Sowerby, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Temple Sowerby, and where 1 JOINERS YARD lies on this distribution: 24% of semi-detached houses are smaller than 1 JOINERS YARD, and 76% of semi-detached houses are larger. Note that EPC data is not available for all properties in Temple Sowerby.

Where is 1 JOINERS YARD?

1 JOINERS YARD is located in TEMPLE SOWERBY, in the CA10 postcode district.