1, Merchant House Two Lions Square, Penrith New Squares, Penrith, CA11 7EN is a leasehold flat built in 2012 onwards. The property offers approximately 635 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £106,721 , which equates to approximately £168 per square foot. It was last sold on 9 Sep 2022 for £110,000. Since then, the value has decreased by £3,279, representing a 3.0% decrease, or approximately 0.9% per year.

The current estimated value of £106,721 is:

  • 26.3% lower than the average property price on Two Lions Square
  • 16.8% lower than the average in the CA11 7EN postcode area
  • and 58.2% lower than the average price for Penrith as a whole

At the most recent EPC inspection on 12 June 2024, the property was recorded as owner-occupied.

View sold house prices in CA11 7EN

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£106,721
Price Per sq ft (estimate)
£168
Bedroom Count (estimate)
1 bedroom

EPC Summary

1, Merchant House Two Lions Square, Penrith New Squares, Penrith, Eden, Cumbria, CA11 7EN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Jun 2024.

This property is heated by an air source heat pump and radiators. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Jan 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.8%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from average thermal transmittance 0.12 w/m?k to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.25 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Air source heat pump, radiators, electric
Average
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£106,721
streetscan.co.uk estimate
-3 %
9 Sep 2022
£110,000
Leasehold
+15.8 %
11 Sep 2013
£95,000
Leasehold

Area Insights

Nearby Properties

2, Merchant House Two Lions Square, Penrith New Squares, Penrith, CA11 7EN
rooms:
size: 614 sq ft
sale price: £122,000
sale date: 7 Apr 2022
4, Merchant House Two Lions Square, Penrith New Squares, Penrith, CA11 7EN
rooms:
size: 1098 sq ft
sale price: £116,000
sale date: 2 Nov 2018
3, Merchant House Two Lions Square, Penrith New Squares, Penrith, CA11 7EN
rooms:
size: 786 sq ft
sale price: £111,000
sale date: 3 Mar 2017

Data Sources

The property at 1, Merchant House Two Lions Square, Penrith New Squares, Penrith, CA11 7EN appears two times in the Land Registry records, with the latest transaction recorded on 9 Sep 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Jun 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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