14, CAMBRIDGE DRIVE, PENRITH, CA11 9GZ - £150,000

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.

14 CAMBRIDGE DRIVE is a very small semi-detached house of 66m², which could now be worth an estimated £199,015. It was last sold for £150,000 in November 2018, which was around 21% below the average November 2018 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was A.

14 CAMBRIDGE DRIVE Sold Prices

Land registry data shows three sales for 14 CAMBRIDGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three 14 CAMBRIDGE DRIVE 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 21 NOV	£150,000	£190,132	21% below HPI
2017 15 DEC	£145,000	£191,266	24% below HPI
2014 25 APR	£144,950	£164,003	12% below HPI

14 CAMBRIDGE DRIVE 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 three 14 CAMBRIDGE DRIVE sales between April 2014 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 December 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 14 CAMBRIDGE DRIVE be worth now?

14 CAMBRIDGE DRIVE might now be worth an estimated £199,015.

This is based on house price inflation of 32.7%, between November 2018 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 32.7% inflationary increase is applied to the most recent sale price for 14 CAMBRIDGE DRIVE of £150,000 on 21st November 2018. For the value to have increased from £150,000 to £199,015 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 CAMBRIDGE DRIVE has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The November 2018 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CAMBRIDGE DRIVE has not materially changed since November 2018.

How Large is 14 CAMBRIDGE DRIVE?

14 CAMBRIDGE DRIVE is 66m² according to the EPC inspection conducted in April 2014. 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 14 CAMBRIDGE DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 14 CAMBRIDGE DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Penrith.

14 CAMBRIDGE DRIVE: Plot and Title Map

14 CAMBRIDGE DRIVE sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of 14 CAMBRIDGE DRIVE, 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 14 CAMBRIDGE DRIVE). 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 14 CAMBRIDGE DRIVE?

14 CAMBRIDGE DRIVE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 14 on CAMBRIDGE DRIVE.