THIMBLE COTTAGE, CROFT TERRACE, PENRITH, CA11 7RP - £225,000

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

THIMBLE COTTAGE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £225,000 in November 2011, which was around 17% below the average November 2011 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

THIMBLE COTTAGE Sold Prices

Land registry data shows two sales for THIMBLE COTTAGE 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. One of the two THIMBLE COTTAGE sales was for below the average price, whilst the other was 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
2011 14 NOV	£225,000	£272,404	17% below HPI
1999 30 JUL	£140,000	£99,822	40% above HPI

THIMBLE COTTAGE 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 THIMBLE COTTAGE sales from July 1999 and November 2011 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 July 1999 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2011 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might THIMBLE COTTAGE be worth now?

THIMBLE COTTAGE might now be worth an estimated £332,164.

This is based on house price inflation of 47.6%, between November 2011 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 47.6% inflationary increase is applied to the most recent sale price for THIMBLE COTTAGE of £225,000 on 14th November 2011. For the value to have increased from £225,000 to £332,164 over the twelve years and eleven months to December 2024, the following assumptions must hold true:

• The value of THIMBLE COTTAGE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The November 2011 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of THIMBLE COTTAGE has not materially changed since November 2011.

How Large is THIMBLE COTTAGE?

THIMBLE COTTAGE is 93m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% 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 THIMBLE COTTAGE lies on this distribution: 26% of detached houses houses are smaller than THIMBLE COTTAGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Penrith.

THIMBLE COTTAGE: Plot and Title Map

THIMBLE COTTAGE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of THIMBLE COTTAGE, 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 THIMBLE COTTAGE). 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 THIMBLE COTTAGE?

THIMBLE COTTAGE is located on CROFT TERRACE in PENRITH, in the CA11 postcode district. The below map shows the position of THIMBLE COTTAGE on CROFT TERRACE.