10, RIMINGTON WAY, PENRITH, CA11 8TG - £260,000

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

10 RIMINGTON WAY is a midsized detached house of 119m², built sometime between 1983 and 1990. It was last sold for £260,000 in May 2020, which was around 16% below the average May 2020 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

10 RIMINGTON WAY Sold Prices

Land registry data shows three sales for 10 RIMINGTON WAY 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. Two of the three 10 RIMINGTON WAY sales were for below the average price, whilst one was for above 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
2020 7 MAY	£260,000	£307,973	16% below HPI
1997 19 DEC	£95,000	£90,245	5% above HPI
1996 9 DEC	£22,000	£86,133	74% below HPI

10 RIMINGTON WAY 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 10 RIMINGTON WAY sales between December 1996 and May 2020 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 December 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 10 RIMINGTON WAY be worth now?

10 RIMINGTON WAY might now be worth an estimated £339,504.

This is based on house price inflation of 30.6%, between May 2020 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 30.6% inflationary increase is applied to the most recent sale price for 10 RIMINGTON WAY of £260,000 on 7th May 2020. For the value to have increased from £260,000 to £339,504 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 10 RIMINGTON WAY has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The May 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RIMINGTON WAY has not materially changed since May 2020.

How Large is 10 RIMINGTON WAY?

10 RIMINGTON WAY is 119m² according to the EPC inspection conducted in February 2020. This puts it in the largest 50% 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 10 RIMINGTON WAY lies on this distribution: 50% of detached houses houses are smaller than 10 RIMINGTON WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Penrith.

10 RIMINGTON WAY: Plot and Title Map

10 RIMINGTON WAY sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 10 RIMINGTON WAY, 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 10 RIMINGTON WAY). 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 10 RIMINGTON WAY?

10 RIMINGTON WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 10 on RIMINGTON WAY.