6, PARKLANDS WAY, PENRITH, CA11 8SD - £287,500

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

6 PARKLANDS WAY is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £287,500 in October 2019, which was around 10% below the average October 2019 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

6 PARKLANDS WAY Sold Prices

Land registry data shows three sales for 6 PARKLANDS WAY 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. Two of the three 6 PARKLANDS WAY sales were for below the average price, whilst one was for above 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 25 OCT	£287,500	£317,953	10% below HPI
2006 6 DEC	£275,000	£258,017	7% above HPI
1997 26 SEP	£88,500	£92,464	4% below HPI

6 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 three 6 PARKLANDS WAY sales between September 1997 and October 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 December 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 6 PARKLANDS WAY be worth now?

6 PARKLANDS WAY might now be worth an estimated £363,629.

This is based on house price inflation of 26.5%, between October 2019 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 26.5% inflationary increase is applied to the most recent sale price for 6 PARKLANDS WAY of £287,500 on 25th October 2019. For the value to have increased from £287,500 to £363,629 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 6 PARKLANDS WAY has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The October 2019 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 6 PARKLANDS WAY has not materially changed since October 2019.

How Large is 6 PARKLANDS WAY?

6 PARKLANDS WAY is 93m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% 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 6 PARKLANDS WAY lies on this distribution: 26% of detached houses houses are smaller than 6 PARKLANDS WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Penrith.

6 PARKLANDS WAY: Plot and Title Map

6 PARKLANDS WAY sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 6 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 6 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 6 PARKLANDS WAY?

6 PARKLANDS WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 6 on PARKLANDS WAY.