31, PARKLANDS WAY, PENRITH, CA11 8SD - £270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 PARKLANDS WAY is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £270,000 in July 2012, which was around 6% above the average July 2012 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

31 PARKLANDS WAY Sold Prices

Land registry data shows two sales for 31 PARKLANDS WAY 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 31 PARKLANDS WAY sales was for above the average price, whilst the other was 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
2012 24 JUL	£270,000	£254,440	6% above HPI
2009 7 DEC	£249,000	£262,800	5% below HPI

31 PARKLANDS 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 two 31 PARKLANDS WAY sales from December 2009 and July 2012 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 December 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2012 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 31 PARKLANDS WAY?

31 PARKLANDS WAY is 92m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 31 PARKLANDS WAY lies on this distribution: 25% of detached houses are smaller than 31 PARKLANDS WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Penrith.

31 PARKLANDS WAY: Plot and Title Map

31 PARKLANDS WAY sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of 31 PARKLANDS 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 31 PARKLANDS 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 31 PARKLANDS WAY?

31 PARKLANDS WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 31 on PARKLANDS WAY.