Lorne Cottage, Penrith
Lorne Cottage, Penrith
Description & Estimates
Lorne Cottage, Penrith is described in the public record as a modern house with 947 ft2 of internal area, sitting on a 135 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Lorne Cottage, Penrith is £293,910 and its rental estimate is £1,267 per month, given the available information and assuming reasonable condition.
Gamblesby, Penrith, CA10 falls within the CA10 postal district.
Our Data Sources
Lorne Cottage, Penrith has no records in the the Land Registry and a single entry in the EPC database dated January 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Lorne Cottage, Penrith, we estimate a market value of £308,605 and a rental value of £1,330 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £273,336 and £1,178 per month respectively.
Recent Market Change
Over the last year, Lorne Cottage, Penrith has seen its estimated sale value move down by £1,315 (0.4%) and its estimated rental value increase by £49 per month (3.8%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for Lorne Cottage, Penrith as measuring 135 m2.
That makes it the 25th largest plot in the postcode, where 26 of the 35 other houses have recorded plot data.
Energy Efficiency
Lorne Cottage, Penrith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Lorne Cottage, Penrith have sold within a radius of 7.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was Two Hoots Barn, Penrith, CA10 1HR, a freehold house which sold for £292,500.
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
Of the 76 addresses on Gamblesby, Penrith, CA10, Lorne Cottage, Penrith comes out as the 65th largest and the 69th most expensive in our analysis of the public data.
It is also £80 less expensive than the average property across the CA10 district.
More reading links
Schools Nearby
- 5.8kmKirkoswald CofE School
- 5.9kmLazonby C of E Primary School
- 6.8kmLangwathby CofE Primary School
- 12.9kmSamuel King's School
- 13.4kmUllswater Community College
- 13.8kmQueen Elizabeth Grammar School Penrith
More reading links
Public Transport Nearby
From Lorne Cottage, Penrith, the nearest station is Lazonby & Kirkoswald, 6.1 kilometres away.
- 6.1kmLazonby & Kirkoswald
- 6.9kmLangwathby
- 12.5kmArmathwaite
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
