116, TULIP GARDENS, PENRITH, CA11 8BY - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

116 TULIP GARDENS is a very small semi-detached house of 69m², which could now be worth an estimated £202,381. It was last sold for £160,000 in October 2019, which was around 20% below the average October 2019 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

116 TULIP GARDENS Sold Prices

Land registry data shows two sales for 116 TULIP GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 116 TULIP GARDENS 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
2019 25 OCT	£160,000	£199,435	20% below HPI
2018 29 JUN	£159,995	£192,575	17% below HPI

116 TULIP GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The two 116 TULIP GARDENS sales from June 2018 and October 2019 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 June 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 116 TULIP GARDENS be worth now?

116 TULIP GARDENS might now be worth an estimated £202,381.

This is based on house price inflation of 26.5%, between October 2019 and February 2025, for semi-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 26.5% inflationary increase is applied to the most recent sale price for 116 TULIP GARDENS of £160,000 on 25th October 2019. For the value to have increased from £160,000 to £202,381 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 116 TULIP GARDENS has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The October 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 116 TULIP GARDENS has not materially changed since October 2019.

How Large is 116 TULIP GARDENS?

116 TULIP GARDENS is 69m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of semi-detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penrith, and where 116 TULIP GARDENS lies on this distribution: 5% of semi-detached houses houses are smaller than 116 TULIP GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Penrith.

116 TULIP GARDENS: Plot and Title Map

116 TULIP GARDENS sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 116 TULIP GARDENS, 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 116 TULIP GARDENS). 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 116 TULIP GARDENS?

116 TULIP GARDENS is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 116 on TULIP GARDENS.