28, WILLOW CLOSE, PENRITH, CA11 8TH - £203,000

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

28 WILLOW CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £203,000 in May 2021, which was around 38% below the average May 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

28 WILLOW CLOSE Sold Prices

Land registry data shows four sales for 28 WILLOW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the four 28 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
2021 21 MAY	£203,000	£328,364	38% below HPI
2017 8 AUG	£190,000	£298,902	36% below HPI
2010 10 SEP	£168,000	£261,373	36% below HPI
2004 25 AUG	£159,750	£221,512	28% below HPI

28 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 four 28 WILLOW CLOSE sales between August 2004 and May 2021 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 August 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 28 WILLOW CLOSE?

28 WILLOW CLOSE is 73m² according to the EPC inspection conducted in January 2021. 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 28 WILLOW CLOSE lies on this distribution: 6% of detached houses are smaller than 28 WILLOW CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Penrith.

28 WILLOW CLOSE: Plot and Title Map

28 WILLOW CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 28 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 28 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 28 WILLOW CLOSE?

28 WILLOW CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 28 on WILLOW CLOSE.