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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). 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 12% 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	£331,791	12% above HPI
2014 27 OCT	£295,000	£273,829	8% above HPI
2011 14 MAR	£270,000	£272,647	1% 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

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 in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 11 THE PARKLANDS lies on this distribution: 25% of detached 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.