15, WILLOW CLOSE, PENRITH, CA11 8TH - £185,000

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.

15 WILLOW CLOSE is a very small semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £251,751. It was last sold for £185,000 in October 2017, which was around 1% below the average October 2017 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

15 WILLOW CLOSE Sold Prices

Land registry data shows three sales for 15 WILLOW CLOSE 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. The three 15 WILLOW CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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 24 OCT	£185,000	£187,557	1% below HPI
2016 13 JUL	£181,000	£181,771	Close to HPI
2007 15 JUN	£180,000	£174,091	3% above HPI

15 WILLOW CLOSE 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 15 WILLOW CLOSE sales between June 2007 and October 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 July 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 15 WILLOW CLOSE be worth now?

15 WILLOW CLOSE might now be worth an estimated £251,751.

This is based on house price inflation of 36.1%, between October 2017 and March 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 36.1% inflationary increase is applied to the most recent sale price for 15 WILLOW CLOSE of £185,000 on 24th October 2017. For the value to have increased from £185,000 to £251,751 over the eight years and seven months to March 2025, the following assumptions must hold true:

• The value of 15 WILLOW CLOSE has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The October 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WILLOW CLOSE has not materially changed since October 2017.

How Large is 15 WILLOW CLOSE?

15 WILLOW CLOSE is 72m² according to the EPC inspection conducted in March 2016. 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 15 WILLOW CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 15 WILLOW CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Penrith.

15 WILLOW CLOSE: Plot and Title Map

15 WILLOW CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 15 WILLOW 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 15 WILLOW 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 15 WILLOW CLOSE?

15 WILLOW CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 15 on WILLOW CLOSE.