1, RIGGSIDE, PENRITH, CA11 8LQ - £360,000

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 RIGGSIDE is a large extended detached house of 156m², built sometime between 1967 and 1975, which could now be worth an estimated £442,966. It was last sold for £360,000 in May 2019, which was around 14% above the average May 2019 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2018, where the current energy rating was F, and the potential energy rating was C.

1 RIGGSIDE Sold Prices

Land registry data shows one sale for 1 RIGGSIDE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 17 MAY	£360,000	£315,351	14% above HPI

What might 1 RIGGSIDE be worth now?

1 RIGGSIDE might now be worth an estimated £442,966.

This is based on house price inflation of 23%, between May 2019 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 23% inflationary increase is applied to the most recent sale price for 1 RIGGSIDE of £360,000 on 17th May 2019. For the value to have increased from £360,000 to £442,966 over the seven years to May 2026, the following assumptions must hold true:

• The value of 1 RIGGSIDE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The May 2019 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RIGGSIDE has not materially changed since May 2019.

How Large is 1 RIGGSIDE?

1 RIGGSIDE is 156m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 1 RIGGSIDE lies on this distribution: 76% of detached houses are smaller than 1 RIGGSIDE, and 24% of detached houses are larger. Note that EPC data is not available for all properties in Penrith.

1 RIGGSIDE: Plot

1 RIGGSIDE sits on a plot of roughly 0.263 of an acre, or 1,066m².

Where is 1 RIGGSIDE?

1 RIGGSIDE is located in PENRITH, in the CA11 postcode district.