15, COLD SPRINGS PARK, PENRITH, CA11 8EY - £380,000

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

15 COLD SPRINGS PARK is a very large detached house of 171m², built sometime between 1991 and 1995. It was last sold for £380,000 in November 2017, which was around 25% above the average November 2017 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

15 COLD SPRINGS PARK Sold Prices

Land registry data shows two sales for 15 COLD SPRINGS PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 15 COLD SPRINGS PARK sales were for above 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
2017 21 NOV	£380,000	£303,870	25% above HPI
2009 10 AUG	£390,000	£253,168	54% above HPI

15 COLD SPRINGS PARK 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 two 15 COLD SPRINGS PARK sales from August 2009 and November 2017 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 August 2009 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2017 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 15 COLD SPRINGS PARK be worth now?

15 COLD SPRINGS PARK might now be worth an estimated £502,898.

This is based on house price inflation of 32.3%, between November 2017 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 32.3% inflationary increase is applied to the most recent sale price for 15 COLD SPRINGS PARK of £380,000 on 21st November 2017. For the value to have increased from £380,000 to £502,898 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 15 COLD SPRINGS PARK has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The November 2017 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 15 COLD SPRINGS PARK has not materially changed since November 2017.

How Large is 15 COLD SPRINGS PARK?

15 COLD SPRINGS PARK is 171m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% 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 15 COLD SPRINGS PARK lies on this distribution: 85% of detached houses houses are smaller than 15 COLD SPRINGS PARK, and 15% of houses are larger. Note that EPC data is not available for all properties in Penrith.

15 COLD SPRINGS PARK: Plot and Title Map

15 COLD SPRINGS PARK sits on a plot of roughly 0.237 of an acre, or 958m². The below map shows the location of 15 COLD SPRINGS PARK, 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 15 COLD SPRINGS PARK). 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 15 COLD SPRINGS PARK?

15 COLD SPRINGS PARK is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 15 on COLD SPRINGS PARK.