Lavender Bank, Penrith
Lavender Bank, Penrith
Description & Estimates
The public record lists Lavender Bank, Penrith as a freehold house sitting on a 2,011 m2 plot.
Comparison with its neighbours suggests a period house with 1,257 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
Lavender Bank, Penrith has an estimated sale value of £500,857 and an estimated rental value of £1,614 per month, assuming reasonable condition and based on the information available.
Stainton, Penrith, CA11 lies within the CA11 postal district.
Our Data Sources
Lavender Bank, Penrith has a single entry in the Land Registry from April 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Lavender Bank, Penrith would be worth £525,900, with a potential rental value of £1,695 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £465,797, with a rental value of £1,501 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 Lavender Bank, Penrith has declined by £5,410 (1.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £43 (2.7%). The property's estimated gross yield is currently 3.9%.
Plot Size
Lavender Bank, Penrith occupies a 2,011 m2 plot as recorded by HM Land Registry.
Of the 59 other houses in this postcode, 49 have recorded plot sizes, and this one ranks as the 13th largest.
Sold Prices
Lavender Bank, Penrith last changed hands on 29th April 2009, selling for £285,000. 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 23.4% since April 2009.
- Sold Apr 2009£285,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.4 kilometres of Lavender Bank, Penrith across the last 2 years.
Most recently, Inglenook, Penrith, CA11 0ES, a freehold house, sold at £389,000 on the 31st August 2022.
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 Lavender Bank, Penrith as the 107th largest and the 44th most expensive of the 166 addresses on Stainton, Penrith, CA11.
Against the CA11 postcode district average, it is £207k more expensive than the typical property.
More reading links
Schools Nearby
- 400mStainton CofE Primary School
- 2.7kmYanwath Primary School
- 3.6kmNorth Lakes School
- 3.4kmQueen Elizabeth Grammar School Penrith
- 3.9kmUllswater Community College
- 20.8kmAppleby Grammar School
More reading links
Public Transport Nearby
Penrith (North Lakes) station is the nearest stop to Lavender Bank, Penrith at 3.5 kilometres away.
- 3.5kmPenrith (North Lakes)
- 10.6kmLangwathby
- 13.6kmLazonby & 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.
