5, BALMORAL CLOSE, PENRITH, CA11 9BJ - £210,000

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

5 BALMORAL CLOSE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £210,000 in March 2016, which was around 26% below the average March 2016 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

5 BALMORAL CLOSE Sold Prices

Land registry data shows four sales for 5 BALMORAL 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 5 BALMORAL 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
2016 24 MAR	£210,000	£284,729	26% below HPI
2013 5 NOV	£195,000	£260,673	25% below HPI
2004 5 MAR	£167,500	£194,421	14% below HPI
2000 25 FEB	£85,995	£99,418	14% below HPI

5 BALMORAL 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 5 BALMORAL CLOSE sales between February 2000 and March 2016 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 November 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 BALMORAL CLOSE?

5 BALMORAL CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in June 2010. 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 5 BALMORAL CLOSE lies on this distribution: 26% of detached houses are smaller than 5 BALMORAL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Penrith.

5 BALMORAL CLOSE: Plot and Title Map

5 BALMORAL CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 BALMORAL 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 5 BALMORAL 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 5 BALMORAL CLOSE?

5 BALMORAL CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 5 on BALMORAL CLOSE.