11, MONKS CLOSE, PENRITH, CA11 9JG - £279,950

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 MONKS CLOSE is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £279,950 in November 2018, which was around 9% below the average November 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

11 MONKS CLOSE Sold Prices

Land registry data shows four sales for 11 MONKS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Most of the four 11 MONKS 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
2018 30 NOV	£279,950	£307,163	9% below HPI
2014 18 JUL	£180,000	£270,121	33% below HPI
1999 19 APR	£86,000	£95,533	10% below HPI
1995 1 NOV	£83,000	£81,720	2% above HPI

11 MONKS 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 four 11 MONKS CLOSE sales between November 1995 and November 2018 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 11 MONKS CLOSE be worth now?

11 MONKS CLOSE might now be worth an estimated £366,518.

This is based on house price inflation of 30.9%, between November 2018 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 30.9% inflationary increase is applied to the most recent sale price for 11 MONKS CLOSE of £279,950 on 30th November 2018. For the value to have increased from £279,950 to £366,518 over the five years and eleven months to December 2024, the following assumptions must hold true:

• The value of 11 MONKS CLOSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The November 2018 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 11 MONKS CLOSE has not materially changed since November 2018.

How Large is 11 MONKS CLOSE?

11 MONKS CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in November 2013. 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 11 MONKS CLOSE lies on this distribution: 31% of detached houses houses are smaller than 11 MONKS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Penrith.

11 MONKS CLOSE: Plot and Title Map

11 MONKS CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 11 MONKS 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 MONKS 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 MONKS CLOSE?

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