16, WILLOW CLOSE, PENRITH, CA11 8TH - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 WILLOW CLOSE is a very small detached house of 24m², built sometime between 1967 and 1975. It was last sold for £200,000 in June 2015, which was around 28% below the average June 2015 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

16 WILLOW CLOSE Sold Prices

Land registry data shows two sales for 16 WILLOW CLOSE 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 16 WILLOW CLOSE 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
2015 19 JUN	£200,000	£276,787	28% below HPI
2006 30 NOV	£240,000	£260,056	8% below HPI

16 WILLOW 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 two 16 WILLOW CLOSE sales from November 2006 and June 2015 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 November 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 16 WILLOW CLOSE?

16 WILLOW CLOSE is 24m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 16 WILLOW CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 16 WILLOW CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Penrith.

16 WILLOW CLOSE: Plot and Title Map

16 WILLOW CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 16 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 16 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 16 WILLOW CLOSE?

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