12, LARCH CLOSE, PENRITH, CA11 8UH - £245,000

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

12 LARCH CLOSE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £245,000 in December 2009, which was around 8% below the average December 2009 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

12 LARCH CLOSE Sold Prices

Land registry data shows three sales for 12 LARCH CLOSE 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. The three 12 LARCH CLOSE sales were a mix of below the average price, and roughly equal to 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
2009 11 DEC	£245,000	£267,326	8% below HPI
2001 27 SEP	£130,000	£130,360	Close to HPI
1997 7 FEB	£68,750	£85,403	19% below HPI

12 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 three 12 LARCH CLOSE sales between February 1997 and December 2009 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 September 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2009 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 12 LARCH CLOSE be worth now?

12 LARCH CLOSE might now be worth an estimated £368,560.

This is based on house price inflation of 50.4%, between December 2009 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 50.4% inflationary increase is applied to the most recent sale price for 12 LARCH CLOSE of £245,000 on 11th December 2009. For the value to have increased from £245,000 to £368,560 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of 12 LARCH CLOSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The December 2009 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LARCH CLOSE has not materially changed since December 2009.

How Large is 12 LARCH CLOSE?

12 LARCH CLOSE is 70m² according to the EPC inspection conducted in May 2009. 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 12 LARCH CLOSE lies on this distribution: 5% of detached houses houses are smaller than 12 LARCH CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Penrith.

12 LARCH CLOSE: Plot and Title Map

12 LARCH CLOSE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 12 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 12 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 12 LARCH CLOSE?

12 LARCH CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 12 on LARCH CLOSE.