NEWRAINE, HALLIN CROFT, PENRITH, CA11 8AS - £280,000

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.

NEWRAINE is a very large extended detached house of 168m², built sometime between 1967 and 1975, which could now be worth an estimated £519,260. It was last sold for £280,000 in June 2004, which was around 30% above the average June 2004 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

NEWRAINE Sold Prices

Land registry data shows two sales for NEWRAINE 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 NEWRAINE 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
2004 15 JUN	£280,000	£214,723	30% above HPI
2000 28 JUN	£142,000	£110,232	29% above HPI

NEWRAINE 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 NEWRAINE sales from June 2000 and June 2004 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 June 2000 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2004 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might NEWRAINE be worth now?

NEWRAINE might now be worth an estimated £519,260.

This is based on house price inflation of 85.5%, between June 2004 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 85.5% inflationary increase is applied to the most recent sale price for NEWRAINE of £280,000 on 15th June 2004. For the value to have increased from £280,000 to £519,260 over the 21 years and four months to February 2025, the following assumptions must hold true:

• The value of NEWRAINE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The June 2004 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of NEWRAINE has not materially changed since June 2004.

How Large is NEWRAINE?

NEWRAINE is 168m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% 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 NEWRAINE lies on this distribution: 82% of detached houses houses are smaller than NEWRAINE, and 18% of houses are larger. Note that EPC data is not available for all properties in Penrith.

NEWRAINE: Plot and Title Map

NEWRAINE sits on a plot of roughly 0.227 of an acre, or 917m². The below map shows the location of NEWRAINE, 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 NEWRAINE). 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 NEWRAINE?

NEWRAINE is located on HALLIN CROFT in PENRITH, in the CA11 postcode district. The below map shows the position of NEWRAINE on HALLIN CROFT.