2 Millfield Cottages, Penrith
2 Millfield Cottages, Penrith
Description & Estimates
Public records show 2 Millfield Cottages, Penrith to be a mid-century freehold house with 925 ft2 of internal area, sitting on a 498 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2 Millfield Cottages, Penrith has an estimated sale value of £213,399 and an estimated rental value of £1,190 per month, assuming reasonable condition and based on the information available.
Hutton Roof, Penrith, CA11 lies within the CA11 postal district.
Our Data Sources
2 Millfield Cottages, Penrith has a single entry in the Land Registry from April 2015 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2 Millfield Cottages, Penrith would be worth £224,068, with a potential rental value of £1,249 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £198,461, with a rental value of £1,106 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 2 Millfield Cottages, Penrith has decreased by £955 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £46 (3.8%). The property's estimated gross yield is currently 6.7%.
Plot Size
2 Millfield Cottages, Penrith occupies a 498 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
2 Millfield Cottages, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Aug 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
2 Millfield Cottages, Penrith last changed hands on 22nd April 2015, selling for £155,000. 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 18.0% since April 2015.
- Sold Apr 2015£155,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 9.4 kilometres of 2 Millfield Cottages, Penrith across the last 2 years.
Most recently, 22, Dukes Meadow, Penrith, CA11 0XW, a freehold house, sold at £220,000 on the 5th July 2024.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2 Millfield Cottages, Penrith as the 36th largest and the 39th most expensive of the 40 addresses on Hutton Roof, Penrith, CA11.
Against the CA11 postcode district average, it is £81k less expensive than the typical property.
More reading links
Schools Nearby
- 5.6kmSkelton School
- 6.8kmGreystoke Primary School
- 7.9kmPenruddock Primary School
- 13.8kmQueen Elizabeth Grammar School Penrith
- 14.4kmUllswater Community College
- 15.6kmKeswick School
More reading links
Public Transport Nearby
Penrith (North Lakes) station is the nearest stop to 2 Millfield Cottages, Penrith at 13.7 kilometres away.
- 13.7kmPenrith (North Lakes)
- 16.5kmDalston (Cumbria)
- 17.3kmArmathwaite
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
