THE LODGE, BERRIER ROAD, GREYSTOKE, PENRITH, CA11 0UE - £360,000

THE LODGE is a very small extended detached house of 70m², built sometime before 1900. It was last sold for £360,000 in March 2016, which was around 26% above the average March 2016 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

THE LODGE Sold Prices

Land registry data shows four sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Most of the four THE 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
2016 31 MAR	£360,000	£284,729	26% above HPI
2012 1 NOV	£340,000	£259,905	31% above HPI
2007 27 JUN	£330,000	£266,411	24% above HPI
1999 10 MAY	£93,000	£95,043	2% below HPI

THE 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 four THE LODGE sales between May 1999 and March 2016 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 November 2012 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2016 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is THE LODGE?

THE LODGE is 70m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Greystoke, based on EPC data. The below chart shows the distribution of detached houses by size in Greystoke, and where THE LODGE lies on this distribution: 9% of detached houses are smaller than THE LODGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Greystoke.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of THE 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 THE 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 THE LODGE?

THE LODGE is located on BERRIER ROAD in GREYSTOKE, in the CA11 postcode district. The below map shows the position of THE LODGE on BERRIER ROAD.