18, THE PARKLANDS, PENRITH, CA11 8TF - £330,000

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 THE PARKLANDS is a very large extended detached house of 202m², built sometime between 1991 and 1995. It was last sold for £330,000 in April 2014, which was around 24% above the average April 2014 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was C.

18 THE PARKLANDS Sold Prices

Land registry data shows two sales for 18 THE PARKLANDS 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 18 THE PARKLANDS sales were 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
2014 16 APR	£330,000	£266,016	24% above HPI
2002 6 SEP	£248,500	£155,889	59% above HPI

18 THE PARKLANDS 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 18 THE PARKLANDS sales from September 2002 and April 2014 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 September 2002 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the April 2014 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 18 THE PARKLANDS be worth now?

18 THE PARKLANDS might now be worth an estimated £498,873.

This is based on house price inflation of 51.2%, between April 2014 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 51.2% inflationary increase is applied to the most recent sale price for 18 THE PARKLANDS of £330,000 on 16th April 2014. For the value to have increased from £330,000 to £498,873 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 18 THE PARKLANDS has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The April 2014 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE PARKLANDS has not materially changed since April 2014.

How Large is 18 THE PARKLANDS?

18 THE PARKLANDS is 202m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% 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 THE PARKLANDS lies on this distribution: 95% of detached houses houses are smaller than 18 THE PARKLANDS, and 5% of houses are larger. Note that EPC data is not available for all properties in Penrith.

18 THE PARKLANDS: Plot and Title Map

18 THE PARKLANDS sits on a plot of roughly 0.332 of an acre, or 1,343m². The below map shows the location of 18 THE PARKLANDS, 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 THE PARKLANDS). 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 THE PARKLANDS?

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