2, LARCH CLOSE, PENRITH, CA11 8UH - £155,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 LARCH CLOSE is a very small semi-detached house of 61m², built sometime between 1996 and 2002. It was last sold for £155,000 in May 2019, which was around 50% below the average May 2019 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

2 LARCH CLOSE Sold Prices

Land registry data shows two sales for 2 LARCH 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 2 LARCH 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
2019 23 MAY	£155,000	£310,012	50% below HPI
1997 6 JUN	£51,950	£86,657	40% below HPI

2 LARCH 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 2 LARCH CLOSE sales from June 1997 and May 2019 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 June 1997 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 2 LARCH CLOSE?

2 LARCH CLOSE is 61m² according to the EPC inspection conducted in September 2015. 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 2 LARCH CLOSE lies on this distribution: 2% of detached houses are smaller than 2 LARCH CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Penrith.

2 LARCH CLOSE: Plot and Title Map

2 LARCH CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 LARCH 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 2 LARCH 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 2 LARCH CLOSE?

2 LARCH CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 2 on LARCH CLOSE.