CHADWELL HOUSE, NICHOLSON LANE, PENRITH, CA11 7UL - £1,084,236

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

CHADWELL HOUSE is a very large detached house of 296m², built sometime between 1996 and 2002. It was last sold for £1,084,236 in February 2023, which was around 191% above the average February 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

CHADWELL HOUSE Sold Prices

Land registry data shows two sales for CHADWELL HOUSE 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 CHADWELL HOUSE sales were 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
2023 10 FEB	£1,084,236	£372,312	191% above HPI
2016 30 MAR	£690,000	£289,632	138% above HPI

CHADWELL HOUSE 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 CHADWELL HOUSE sales from March 2016 and February 2023 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 March 2016 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the February 2023 sale, where it rises to 191% above the HPI. The line then continues to track at 191% above the HPI.

What might CHADWELL HOUSE be worth now?

CHADWELL HOUSE might now be worth an estimated £1,171,118.

This is based on house price inflation of 8%, between February 2023 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 8% inflationary increase is applied to the most recent sale price for CHADWELL HOUSE of £1,084,236 on 10th February 2023. For the value to have increased from £1,084,236 to £1,171,118 over the two months to December 2024, the following assumptions must hold true:

• The value of CHADWELL HOUSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The February 2023 sale price of £1,084,236 represented a fair market value for the property.
• The size, condition, and specification of CHADWELL HOUSE has not materially changed since February 2023.

How Large is CHADWELL HOUSE?

CHADWELL HOUSE is 296m² according to the EPC inspection conducted in September 2022. This puts it in the largest 10% 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 CHADWELL HOUSE lies on this distribution: 99% of detached houses houses are smaller than CHADWELL HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Penrith.

CHADWELL HOUSE: Plot and Title Map

CHADWELL HOUSE sits on a plot of roughly 0.555 of an acre, or 2,247m². The below map shows the location of CHADWELL HOUSE, 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 CHADWELL HOUSE). 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 CHADWELL HOUSE?

CHADWELL HOUSE is located on NICHOLSON LANE in PENRITH, in the CA11 postcode district. The below map shows the position of CHADWELL HOUSE on NICHOLSON LANE.