15, CHERRY GARDENS, PENRITH, CA11 8UE - £157,500

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.

15 CHERRY GARDENS is a very small semi-detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £203,133. It was last sold for £157,500 in May 2018, which was around 18% below the average May 2018 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

15 CHERRY GARDENS Sold Prices

Land registry data shows five sales for 15 CHERRY GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. The five 15 CHERRY GARDENS sales were a mix of below the average price, roughly equal to the average price, and 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
2018 18 MAY	£157,500	£192,298	18% below HPI
2017 11 JUL	£135,000	£188,399	28% below HPI
2005 4 FEB	£142,000	£138,738	2% above HPI
1999 3 SEP	£59,000	£58,950	Close to HPI
1995 7 APR	£45,900	£49,231	7% below HPI

15 CHERRY GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The five 15 CHERRY GARDENS sales between April 1995 and May 2018 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 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 15 CHERRY GARDENS be worth now?

15 CHERRY GARDENS might now be worth an estimated £203,133.

This is based on house price inflation of 29%, between May 2018 and October 2025, for semi-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 29% inflationary increase is applied to the most recent sale price for 15 CHERRY GARDENS of £157,500 on 18th May 2018. For the value to have increased from £157,500 to £203,133 over the six years and seven months to October 2025, the following assumptions must hold true:

• The value of 15 CHERRY GARDENS has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The May 2018 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 15 CHERRY GARDENS has not materially changed since May 2018.

How Large is 15 CHERRY GARDENS?

15 CHERRY GARDENS is 65m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of semi-detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penrith, and where 15 CHERRY GARDENS lies on this distribution: 3% of semi-detached houses houses are smaller than 15 CHERRY GARDENS, and 97% of houses are larger. Note that EPC data is not available for all properties in Penrith.

15 CHERRY GARDENS: Plot and Title Map

15 CHERRY GARDENS sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 15 CHERRY GARDENS, 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 15 CHERRY GARDENS). 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 15 CHERRY GARDENS?

15 CHERRY GARDENS is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 15 on CHERRY GARDENS.