8, FRENCHFIELD WAY, PENRITH, CA11 8TW - £240,000

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 FRENCHFIELD WAY is a large extended detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £297,482. It was last sold for £240,000 in August 2019, which was around 25% below the average August 2019 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

8 FRENCHFIELD WAY Sold Prices

Land registry data shows two sales for 8 FRENCHFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 8 FRENCHFIELD WAY 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
2019 7 AUG	£240,000	£321,260	25% below HPI
1995 31 MAY	£60,000	£81,384	26% below HPI

8 FRENCHFIELD 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 two 8 FRENCHFIELD WAY sales from May 1995 and August 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 May 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 FRENCHFIELD WAY be worth now?

8 FRENCHFIELD WAY might now be worth an estimated £297,482.

This is based on house price inflation of 24%, between August 2019 and February 2025, 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 24% inflationary increase is applied to the most recent sale price for 8 FRENCHFIELD WAY of £240,000 on 7th August 2019. For the value to have increased from £240,000 to £297,482 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 8 FRENCHFIELD WAY has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The August 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FRENCHFIELD WAY has not materially changed since August 2019.

How Large is 8 FRENCHFIELD WAY?

8 FRENCHFIELD WAY is 137m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 40% 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 8 FRENCHFIELD WAY lies on this distribution: 64% of detached houses houses are smaller than 8 FRENCHFIELD WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Penrith.

8 FRENCHFIELD WAY: Plot and Title Map

8 FRENCHFIELD WAY sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of 8 FRENCHFIELD 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 8 FRENCHFIELD 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 8 FRENCHFIELD WAY?

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