17, CHESTNUT CLOSE, CULGAITH, PENRITH, CA10 1QX - £245,000

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

17 CHESTNUT CLOSE is a small detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £354,369. It was last sold for £245,000 in July 2007, which was around 11% below the average July 2007 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

17 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 17 CHESTNUT 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. One of the two 17 CHESTNUT CLOSE sales was for below the average price, whilst the other was 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
2007 9 JUL	£245,000	£275,306	11% below HPI
2003 16 MAY	£175,000	£169,266	3% above HPI

17 CHESTNUT 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 17 CHESTNUT CLOSE sales from May 2003 and July 2007 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 May 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2007 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 17 CHESTNUT CLOSE be worth now?

17 CHESTNUT CLOSE might now be worth an estimated £354,369.

This is based on house price inflation of 44.6%, between July 2007 and February 2025, 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 44.6% inflationary increase is applied to the most recent sale price for 17 CHESTNUT CLOSE of £245,000 on 9th July 2007. For the value to have increased from £245,000 to £354,369 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 17 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The July 2007 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CHESTNUT CLOSE has not materially changed since July 2007.

How Large is 17 CHESTNUT CLOSE?

17 CHESTNUT CLOSE is 114m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses houses in Culgaith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Culgaith, and where 17 CHESTNUT CLOSE lies on this distribution: 24% of detached houses houses are smaller than 17 CHESTNUT CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Culgaith.

17 CHESTNUT CLOSE: Plot and Title Map

17 CHESTNUT CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 17 CHESTNUT 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 17 CHESTNUT 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 17 CHESTNUT CLOSE?

17 CHESTNUT CLOSE is located in CULGAITH, in the CA10 postcode district. The below map shows the position of No. 17 on CHESTNUT CLOSE.