4, SKIRSGILL CLOSE, PENRITH, CA11 8QF - £335,000

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

4 SKIRSGILL CLOSE is a small detached house of 102m², built sometime between 1983 and 1990. It was last sold for £335,000 in January 2024, which was around 11% below the average January 2024 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

4 SKIRSGILL CLOSE Sold Prices

Land registry data shows three sales for 4 SKIRSGILL CLOSE 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. All of the three 4 SKIRSGILL 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
2024 19 JAN	£335,000	£374,367	11% below HPI
2018 25 OCT	£229,950	£308,868	26% below HPI
1998 16 JAN	£88,000	£91,714	4% below HPI

4 SKIRSGILL 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 three 4 SKIRSGILL CLOSE sales between January 1998 and January 2024 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 October 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 SKIRSGILL CLOSE be worth now?

4 SKIRSGILL CLOSE might now be worth an estimated £359,858.

This is based on house price inflation of 7.4%, between January 2024 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 7.4% inflationary increase is applied to the most recent sale price for 4 SKIRSGILL CLOSE of £335,000 on 19th January 2024. For the value to have increased from £335,000 to £359,858 over the one month to December 2024, the following assumptions must hold true:

• The value of 4 SKIRSGILL CLOSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The January 2024 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SKIRSGILL CLOSE has not materially changed since January 2024.

How Large is 4 SKIRSGILL CLOSE?

4 SKIRSGILL CLOSE is 102m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% 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 4 SKIRSGILL CLOSE lies on this distribution: 35% of detached houses houses are smaller than 4 SKIRSGILL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Penrith.

4 SKIRSGILL CLOSE: Plot and Title Map

4 SKIRSGILL CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 4 SKIRSGILL 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 4 SKIRSGILL 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 4 SKIRSGILL CLOSE?

4 SKIRSGILL CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 4 on SKIRSGILL CLOSE.