16, SALKELD ROAD, PENRITH, CA11 8QL - £175,990

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.

16 SALKELD ROAD is a very small semi-detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £208,908. It was last sold for £175,990 in December 2020, which was around 17% below the average December 2020 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

16 SALKELD ROAD Sold Prices

Land registry data shows two sales for 16 SALKELD ROAD 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 16 SALKELD ROAD 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
2020 9 DEC	£175,990	£212,512	17% below HPI
2018 3 AUG	£140,000	£196,769	29% below HPI

16 SALKELD ROAD 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 16 SALKELD ROAD sales from August 2018 and December 2020 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 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 16 SALKELD ROAD be worth now?

16 SALKELD ROAD might now be worth an estimated £208,908.

This is based on house price inflation of 18.7%, between December 2020 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 18.7% inflationary increase is applied to the most recent sale price for 16 SALKELD ROAD of £175,990 on 9th December 2020. For the value to have increased from £175,990 to £208,908 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 SALKELD ROAD has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The December 2020 sale price of £175,990 represented a fair market value for the property.
• The size, condition, and specification of 16 SALKELD ROAD has not materially changed since December 2020.

How Large is 16 SALKELD ROAD?

16 SALKELD ROAD is 75m² according to the EPC inspection conducted in January 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 16 SALKELD ROAD lies on this distribution: 7% of semi-detached houses houses are smaller than 16 SALKELD ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Penrith.

16 SALKELD ROAD: Plot and Title Map

16 SALKELD ROAD sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 16 SALKELD ROAD, 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 16 SALKELD ROAD). 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 16 SALKELD ROAD?

16 SALKELD ROAD is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 16 on SALKELD ROAD.