8, CHESTNUT CLOSE, CULGAITH, PENRITH, CA10 1QX - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CHESTNUT CLOSE is a very small extended semi-detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £235,372. It was last sold for £175,000 in October 2017, which was around 7% below the average October 2017 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

8 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 8 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 8 CHESTNUT 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
2017 19 OCT	£175,000	£187,557	7% below HPI
2002 22 APR	£72,000	£79,534	9% below HPI

8 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The two 8 CHESTNUT CLOSE sales from April 2002 and October 2017 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 April 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 CHESTNUT CLOSE be worth now?

8 CHESTNUT CLOSE might now be worth an estimated £235,372.

This is based on house price inflation of 34.5%, between October 2017 and February 2025, for semi-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 34.5% inflationary increase is applied to the most recent sale price for 8 CHESTNUT CLOSE of £175,000 on 19th October 2017. For the value to have increased from £175,000 to £235,372 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The October 2017 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHESTNUT CLOSE has not materially changed since October 2017.

How Large is 8 CHESTNUT CLOSE?

8 CHESTNUT CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of semi-detached houses houses in Culgaith, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Culgaith, and where 8 CHESTNUT CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 8 CHESTNUT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Culgaith.

8 CHESTNUT CLOSE: Plot and Title Map

8 CHESTNUT CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 8 CHESTNUT 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 8 CHESTNUT 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 8 CHESTNUT CLOSE?

8 CHESTNUT CLOSE is located in CULGAITH, in the CA10 postcode district. The below map shows the position of No. 8 on CHESTNUT CLOSE.