NEWHOLME, KIRKBY THORE, PENRITH, CA10 1XN - £295,000

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

NEWHOLME is a very small extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £345,187. It was last sold for £295,000 in August 2021, which was around 14% below the average August 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was D.

NEWHOLME Sold Prices

Land registry data shows two sales for NEWHOLME 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 NEWHOLME 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
2021 25 AUG	£295,000	£343,678	14% below HPI
2011 9 NOV	£210,000	£272,404	23% below HPI

NEWHOLME 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 NEWHOLME sales from November 2011 and August 2021 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 November 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might NEWHOLME be worth now?

NEWHOLME might now be worth an estimated £345,187.

This is based on house price inflation of 17%, between August 2021 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 17% inflationary increase is applied to the most recent sale price for NEWHOLME of £295,000 on 25th August 2021. For the value to have increased from £295,000 to £345,187 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of NEWHOLME has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The August 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of NEWHOLME has not materially changed since August 2021.

How Large is NEWHOLME?

NEWHOLME is 99m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses houses in Kirkby Thore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirkby Thore, and where NEWHOLME lies on this distribution: 13% of detached houses houses are smaller than NEWHOLME, and 85% of houses are larger. Note that EPC data is not available for all properties in Kirkby Thore.

NEWHOLME: Plot and Title Map

NEWHOLME sits on a plot of roughly 0.851 of an acre, or 3,444m². The below map shows the location of NEWHOLME, 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 NEWHOLME). 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 NEWHOLME?

NEWHOLME is located in KIRKBY THORE, in the CA10 postcode district. The below map shows the position of NEWHOLME in KIRKBY THORE.