11, THE PARKLANDS, PENRITH, CA11 8TF - £370,000

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 THE PARKLANDS is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £370,000 in September 2021, which was around 10% above the average September 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

11 THE PARKLANDS Sold Prices

Land registry data shows three sales for 11 THE PARKLANDS 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 11 THE PARKLANDS sales were for above the average price, whilst one was 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
2021 1 SEP	£370,000	£337,505	10% above HPI
2014 27 OCT	£295,000	£278,545	6% above HPI
2011 14 MAR	£270,000	£277,342	3% below HPI

11 THE PARKLANDS 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 11 THE PARKLANDS sales between March 2011 and September 2021 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 October 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 11 THE PARKLANDS be worth now?

11 THE PARKLANDS might now be worth an estimated £440,865.

This is based on house price inflation of 19.2%, between September 2021 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 19.2% inflationary increase is applied to the most recent sale price for 11 THE PARKLANDS of £370,000 on 1st September 2021. For the value to have increased from £370,000 to £440,865 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 11 THE PARKLANDS has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The September 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THE PARKLANDS has not materially changed since September 2021.

How Large is 11 THE PARKLANDS?

11 THE PARKLANDS is 92m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% 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 THE PARKLANDS lies on this distribution: 25% of detached houses houses are smaller than 11 THE PARKLANDS, and 74% of houses are larger. Note that EPC data is not available for all properties in Penrith.

11 THE PARKLANDS: Plot and Title Map

11 THE PARKLANDS sits on a plot of roughly 0.270 of an acre, or 1,092m². The below map shows the location of 11 THE PARKLANDS, 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 THE PARKLANDS). 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 THE PARKLANDS?

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