11, LARCH CLOSE, PENRITH, CA11 8UH - £325,000

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

11 LARCH CLOSE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £325,000 in February 2023, which was around 13% below the average February 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

11 LARCH CLOSE Sold Prices

Land registry data shows two sales for 11 LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 11 LARCH 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
2023 8 FEB	£325,000	£372,312	13% below HPI
1996 29 NOV	£68,750	£86,144	20% below HPI

11 LARCH 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 two 11 LARCH CLOSE sales from November 1996 and February 2023 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 November 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 11 LARCH CLOSE be worth now?

11 LARCH CLOSE might now be worth an estimated £351,043.

This is based on house price inflation of 8%, between February 2023 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 8% inflationary increase is applied to the most recent sale price for 11 LARCH CLOSE of £325,000 on 8th February 2023. For the value to have increased from £325,000 to £351,043 over the two months to December 2024, the following assumptions must hold true:

• The value of 11 LARCH CLOSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The February 2023 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LARCH CLOSE has not materially changed since February 2023.

How Large is 11 LARCH CLOSE?

11 LARCH CLOSE is 65m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% 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 11 LARCH CLOSE lies on this distribution: 3% of detached houses houses are smaller than 11 LARCH CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Penrith.

11 LARCH CLOSE: Plot and Title Map

11 LARCH CLOSE sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of 11 LARCH 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 11 LARCH 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 11 LARCH CLOSE?

11 LARCH CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 11 on LARCH CLOSE.