1, Folly Lane
1, Folly Lane
Description & Estimates
Public records show 1, Folly Lane, Penrith to be a mid-century freehold house with 721 ft2 of internal area, sitting on a 348 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
1, Folly Lane, Penrith has an estimated sale value of £165,207 and an estimated rental value of £988 per month, assuming reasonable condition and based on the information available.
Folly Lane, Penrith, CA11 lies within the CA11 postal district.
Our Data Sources
1, Folly Lane, Penrith has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Folly Lane, Penrith would be worth £173,467, with a potential rental value of £1,038 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £153,643, with a rental value of £919 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Folly Lane, Penrith has risen by £836 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £44 (4.4%). The property's estimated gross yield is currently 7.2%.
Plot Size
1, Folly Lane, Penrith occupies a 348 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
1, Folly Lane, Penrith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Folly Lane, Penrith last changed hands on 18th September 2015, selling for £118,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 57.9% since September 2015.
- Sold Sep 2015£118,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 1, Folly Lane, Penrith across the last 2 years.
Most recently, 17, Friars Road, Penrith, CA11 8DG, a freehold house, sold at £176,000 on the 29th November 2024.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Folly Lane, Penrith as the 38th largest and the 38th most expensive of the 54 addresses on Folly Lane, Penrith, CA11.
Against the CA11 postcode district average, it is £129k less expensive than the typical property.
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Schools Nearby
- 400mBeaconside CofE Primary School
- 600mBrunswick School
- 700mSt Catherine's Catholic Primary School, Penrith
- 600mUllswater Community College
- 900mQueen Elizabeth Grammar School Penrith
- 18.5kmAppleby Grammar School
More reading links
Public Transport Nearby
Penrith (North Lakes) station is the nearest stop to 1, Folly Lane, Penrith at 800 metres away.
- 800mPenrith (North Lakes)
- 6.3kmLangwathby
- 10.0kmLazonby & Kirkoswald
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
