2 Wells Cottages, Penrith
2 Wells Cottages, Penrith
Description & Estimates
According to the public record, 2 Wells Cottages, Penrith is a period freehold house with 646 ft2 of internal area and sits on a 36.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Wells Cottages, Penrith is £168,160 and the estimated rental value is £1,011 per month.
Langwathby, Penrith, CA10 is located within the CA10 postal district.
Our Data Sources
2 Wells Cottages, Penrith has a single entry in the Land Registry from January 2012 and a single entry in the EPC database dated January 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Wells Cottages, Penrith is in very good condition we estimate a sale value of £176,568 and a rental value of £1,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,389 and a rental value of £940 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2 Wells Cottages, Penrith has increased by £851 (0.5%), while its estimated rental value has grown by £45 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 7.2%.
Plot Size
According to data from HM Land Registry, 2 Wells Cottages, Penrith sits on a plot of 37 m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2 Wells Cottages, Penrith sits on the 4th largest plot.
Energy Efficiency
2 Wells Cottages, Penrith has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 21 Jan 2011.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, dual fuel (mineral and wood).
Sold Prices
According to HM Land Registry, 2 Wells Cottages, Penrith was last sold on 30th January 2012 for £115,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2012, the market for similar properties has risen by 63.7%.
- Sold Jan 2012£115,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Wells Cottages, Penrith within a radius of 5.3 kilometres over the last 2 years.
The most recent example is 1 Wells Cottages, Penrith, CA10 1LH, a freehold house which sold for £164,995 on the 22nd September 2023.
Read more about house prices in CA10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Langwathby, Penrith, CA10 has a total of 128 addresses. According to our analysis of all the public data, 2 Wells Cottages, Penrith is the 119th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in CA10.
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Schools Nearby
- 500mLangwathby CofE Primary School
- 5.6kmCulgaith CofE School
- 5.7kmBeaconside CofE Primary School
- 6.5kmUllswater Community College
- 6.9kmQueen Elizabeth Grammar School Penrith
- 16.7kmAppleby Grammar School
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Public Transport Nearby
The closest station to 2 Wells Cottages, Penrith is Langwathby station, which is 400 metres away.
- 400mLangwathby
- 6.5kmLazonby & Kirkoswald
- 6.8kmPenrith (North Lakes)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
