3, Folly Lane
3, Folly Lane
Description & Estimates
According to the public record, 3, Folly Lane, Penrith is an early-century freehold house with 731 ft2 of internal area and sits on a 303 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 3, Folly Lane, Penrith is £166,436 and the estimated rental value is £992 per month.
Folly Lane, Penrith, CA11 is located within the CA11 postal district.
Our Data Sources
3, Folly Lane, Penrith has 2 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated January 2016.
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
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 3, Folly Lane, Penrith is in very good condition we estimate a sale value of £174,758 and a rental value of £1,042 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,786 and a rental value of £923 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Folly Lane, Penrith has climbed by £843 (0.5%), while its estimated rental value has risen by £44 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, 3, Folly Lane, Penrith sits on a plot of 303 m2.
We have plot size data on 21 out of 23 other houses in the postcode and 3, Folly Lane, Penrith sits on the 5th largest plot.
Energy Efficiency
3, Folly Lane, Penrith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jan 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Folly Lane, Penrith was last sold on 5th August 2021 for £146,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2021, the market for similar properties has risen by 30.6%.
- Sold Aug 2021£146,000
- Sold May 2016£100,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Folly Lane, Penrith within a radius of 480 metres over the last 2 years.
The most recent example is 17, Friars Road, Penrith, CA11 8DG, a freehold house which sold for £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
Folly Lane, Penrith, CA11 has a total of 54 addresses. According to our analysis of all the public data, 3, Folly Lane, Penrith is the 30th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in CA11.
More reading links
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
The closest station to 3, Folly Lane, Penrith is Penrith (North Lakes) station, which is 800 metres away.
- 800mPenrith (North Lakes)
- 6.3kmLangwathby
- 10.0kmLazonby & Kirkoswald
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
