1, SKIRSGILL CLOSE, PENRITH, CA11 8QF - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 SKIRSGILL CLOSE is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £270,000 in March 2015, which was around 2% below the average March 2015 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

1 SKIRSGILL CLOSE Sold Prices

Land registry data shows three sales for 1 SKIRSGILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three 1 SKIRSGILL CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 31 MAR	£270,000	£275,396	2% below HPI
2005 1 JUL	£210,000	£248,209	15% below HPI
1996 28 OCT	£86,000	£86,727	1% below HPI

1 SKIRSGILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The three 1 SKIRSGILL CLOSE sales between October 1996 and March 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 SKIRSGILL CLOSE be worth now?

1 SKIRSGILL CLOSE might now be worth an estimated £394,267.

This is based on house price inflation of 46%, between March 2015 and December 2024, for detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46% inflationary increase is applied to the most recent sale price for 1 SKIRSGILL CLOSE of £270,000 on 31st March 2015. For the value to have increased from £270,000 to £394,267 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of 1 SKIRSGILL CLOSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The March 2015 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SKIRSGILL CLOSE has not materially changed since March 2015.

How Large is 1 SKIRSGILL CLOSE?

1 SKIRSGILL CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penrith, and where 1 SKIRSGILL CLOSE lies on this distribution: 30% of detached houses houses are smaller than 1 SKIRSGILL CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Penrith.

1 SKIRSGILL CLOSE: Plot and Title Map

1 SKIRSGILL CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 1 SKIRSGILL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 SKIRSGILL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 SKIRSGILL CLOSE?

1 SKIRSGILL CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 1 on SKIRSGILL CLOSE.