8, ASPEN GARDENS, PENRITH, CA11 8UL - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 ASPEN GARDENS is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £360,000 in December 2022, which was around 2% below the average December 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

8 ASPEN GARDENS Sold Prices

Land registry data shows three sales for 8 ASPEN GARDENS 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 8 ASPEN GARDENS 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
2022 21 DEC	£360,000	£369,213	2% below HPI
2016 6 DEC	£254,000	£282,011	10% below HPI
1999 9 JUL	£115,900	£98,132	18% above HPI

8 ASPEN GARDENS 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 8 ASPEN GARDENS sales between July 1999 and December 2022 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 8 ASPEN GARDENS?

8 ASPEN GARDENS is 116m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 8 ASPEN GARDENS lies on this distribution: 47% of detached houses are smaller than 8 ASPEN GARDENS, and 52% of houses are larger. Note that EPC data is not available for all properties in Penrith.

8 ASPEN GARDENS: Plot and Title Map

8 ASPEN GARDENS sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 8 ASPEN GARDENS, 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 8 ASPEN GARDENS). 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 8 ASPEN GARDENS?

8 ASPEN GARDENS is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 8 on ASPEN GARDENS.