21, Folly Lane
21, Folly Lane
Description & Estimates
21, Folly Lane, Penrith is described in the public record as an early-century house with 710 ft2 of internal area, sitting on a 287 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 21, Folly Lane, Penrith is £160,753 and its rental estimate is £965 per month, given the available information and assuming reasonable condition.
Folly Lane, Penrith, CA11 falls within the CA11 postal district.
Our Data Sources
21, Folly Lane, Penrith has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 21, Folly Lane, Penrith, we estimate a market value of £168,791 and a rental value of £1,013 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £149,501 and £897 per month respectively.
Recent Market Change
Over the last year, 21, Folly Lane, Penrith has seen its estimated sale value grow by £814 (0.5%) and its estimated rental value climb by £43 per month (4.4%). This results in an estimated gross rental yield of 7.2%.
Plot Size
HM Land Registry records the plot of land for 21, Folly Lane, Penrith as measuring 287 m2.
That makes it the 9th largest plot in the postcode, where 21 of the 23 other houses have recorded plot data.
Energy Efficiency
21, Folly Lane, Penrith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 21, Folly Lane, Penrith have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 17, Friars Road, Penrith, CA11 8DG, a freehold house which sold for £176,000.
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
Of the 54 addresses on Folly Lane, Penrith, CA11, 21, Folly Lane, Penrith comes out as the 50th largest and the 51st most expensive in our analysis of the public data.
It is also £133k less expensive than the average property across the CA11 district.
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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
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Public Transport Nearby
From 21, Folly Lane, Penrith, the nearest station is Penrith (North Lakes), 800 metres away.
- 800mPenrith (North Lakes)
- 6.3kmLangwathby
- 10.0kmLazonby & Kirkoswald
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
