18, CYPRESS WAY, PENRITH, CA11 8UN - £243,000

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

18 CYPRESS WAY is a midsized detached house of 129m², built sometime between 1996 and 2002. It was last sold for £243,000 in March 2015, which was around 12% below the average March 2015 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

18 CYPRESS WAY Sold Prices

Land registry data shows three sales for 18 CYPRESS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Two of the three 18 CYPRESS WAY sales were for below the average price, whilst one 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
2015 26 MAR	£243,000	£275,396	12% below HPI
2007 23 MAR	£124,999	£268,735	53% below HPI
2002 8 NOV	£166,425	£159,469	4% above HPI

18 CYPRESS WAY 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 three 18 CYPRESS WAY sales between November 2002 and March 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 March 2007 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the March 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 18 CYPRESS WAY be worth now?

18 CYPRESS WAY might now be worth an estimated £354,840.

This is based on house price inflation of 46%, between March 2015 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 46% inflationary increase is applied to the most recent sale price for 18 CYPRESS WAY of £243,000 on 26th March 2015. For the value to have increased from £243,000 to £354,840 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of 18 CYPRESS WAY has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The March 2015 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CYPRESS WAY has not materially changed since March 2015.

How Large is 18 CYPRESS WAY?

18 CYPRESS WAY is 129m² according to the EPC inspection conducted in January 2013. This puts it in the largest 50% 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 18 CYPRESS WAY lies on this distribution: 58% of detached houses houses are smaller than 18 CYPRESS WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Penrith.

18 CYPRESS WAY: Plot and Title Map

18 CYPRESS WAY sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 18 CYPRESS WAY, 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 18 CYPRESS WAY). 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 18 CYPRESS WAY?

18 CYPRESS WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 18 on CYPRESS WAY.