3B, CASTLEGATE, PENRITH, CA11 7HZ - £125,000

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.

3B CASTLEGATE is a small flat of 52m², built sometime before 1900, which could now be worth an estimated £139,387. It was last sold for £125,000 in April 2020, which was around 8% above the average April 2020 flat price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

3B CASTLEGATE Sold Prices

Land registry data shows three sales for 3B CASTLEGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three 3B CASTLEGATE 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
2020 9 APR	£125,000	£116,149	8% above HPI
2019 24 MAY	£125,000	£119,563	5% above HPI
2018 19 JAN	£127,500	£118,862	7% above HPI

What might 3B CASTLEGATE be worth now?

3B CASTLEGATE might now be worth an estimated £139,387.

This is based on house price inflation of 11.5%, between April 2020 and April 2026, for flats, 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 11.5% inflationary increase is applied to the most recent sale price for 3B CASTLEGATE of £125,000 on 9th April 2020. For the value to have increased from £125,000 to £139,387 over the six years to April 2026, the following assumptions must hold true:

• The value of 3B CASTLEGATE has moved in line with the HPI for flats in the Westmorland and Furness local authority area.
• The April 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 3B CASTLEGATE has not materially changed since April 2020.

How Large is 3B CASTLEGATE?

3B CASTLEGATE is 52m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of flats in Penrith, based on EPC data. 27% of flats are smaller than 3B CASTLEGATE, and 69% of flats are larger. Note that EPC data is not available for all properties in Penrith.

3B CASTLEGATE: Plot

3B CASTLEGATE sits on a plot of roughly 0.021 of an acre, or 87m².

Where is 3B CASTLEGATE?

3B CASTLEGATE is located in PENRITH, in the CA11 postcode district.