7, NETHEREND ROAD, PENRITH, CA11 8PF - £305,000

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

7 NETHEREND ROAD is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £305,000 in August 2024, which was around 18% below the average August 2024 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

7 NETHEREND ROAD Sold Prices

Land registry data shows four sales for 7 NETHEREND ROAD 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 7 NETHEREND ROAD 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 1 AUG	£305,000	£372,854	18% below HPI
2013 10 DEC	£249,950	£262,347	5% below HPI
2008 9 OCT	£235,000	£273,545	14% below HPI
1997 11 JUL	£73,500	£88,540	17% below HPI

7 NETHEREND ROAD 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 7 NETHEREND ROAD sales between July 1997 and August 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 December 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 NETHEREND ROAD be worth now?

7 NETHEREND ROAD might now be worth an estimated £328,961.

This is based on house price inflation of 7.9%, between August 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 7.9% inflationary increase is applied to the most recent sale price for 7 NETHEREND ROAD of £305,000 on 1st August 2024. For the value to have increased from £305,000 to £328,961 over the eight months to December 2024, the following assumptions must hold true:

• The value of 7 NETHEREND ROAD has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The August 2024 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NETHEREND ROAD has not materially changed since August 2024.

How Large is 7 NETHEREND ROAD?

7 NETHEREND ROAD is 86m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% 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 7 NETHEREND ROAD lies on this distribution: 17% of detached houses houses are smaller than 7 NETHEREND ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Penrith.

7 NETHEREND ROAD: Plot and Title Map

7 NETHEREND ROAD sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 7 NETHEREND ROAD, 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 7 NETHEREND ROAD). 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 7 NETHEREND ROAD?

7 NETHEREND ROAD is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 7 on NETHEREND ROAD.