62, WILLOW CLOSE, PENRITH, CA11 8TH - £238,000

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

62 WILLOW CLOSE is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £238,000 in November 2020, which was around 29% below the average November 2020 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

62 WILLOW CLOSE Sold Prices

Land registry data shows three sales for 62 WILLOW 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 62 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
2020 19 NOV	£238,000	£333,528	29% below HPI
2019 16 OCT	£188,000	£312,571	40% below HPI
2016 16 AUG	£158,000	£285,424	45% below HPI

62 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 three 62 WILLOW CLOSE sales between August 2016 and November 2020 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 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 62 WILLOW CLOSE?

62 WILLOW CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 62 WILLOW CLOSE lies on this distribution: 5% of detached houses are smaller than 62 WILLOW CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Penrith.

62 WILLOW CLOSE: Plot and Title Map

62 WILLOW CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 62 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 62 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 62 WILLOW CLOSE?

62 WILLOW CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 62 on WILLOW CLOSE.