41, CASTLEGATE, PENRITH, CA11 7JD - £85,000

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.

41 CASTLEGATE is a very small terraced house of 84m², built sometime before 1900, which could now be worth an estimated £111,067. It was last sold for £85,000 in February 2016, which was around 35% below the average February 2016 terraced price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

41 CASTLEGATE Sold Prices

Land registry data shows two sales for 41 CASTLEGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 41 CASTLEGATE 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
2016 12 FEB	£85,000	£131,453	35% below HPI
1995 8 MAR	£32,500	£36,547	11% below HPI

41 CASTLEGATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The two 41 CASTLEGATE sales from March 1995 and February 2016 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 March 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 41 CASTLEGATE be worth now?

41 CASTLEGATE might now be worth an estimated £111,067.

This is based on house price inflation of 30.7%, between February 2016 and June 2025, for terraced 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 30.7% inflationary increase is applied to the most recent sale price for 41 CASTLEGATE of £85,000 on 12th February 2016. For the value to have increased from £85,000 to £111,067 over the eight years and eight months to June 2025, the following assumptions must hold true:

• The value of 41 CASTLEGATE has moved in line with the HPI for terraced houses in the Westmorland and Furness local authority area.
• The February 2016 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 41 CASTLEGATE has not materially changed since February 2016.

How Large is 41 CASTLEGATE?

41 CASTLEGATE is 84m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of terraced houses houses in Penrith, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Penrith, and where 41 CASTLEGATE lies on this distribution: 16% of terraced houses houses are smaller than 41 CASTLEGATE, and 84% of houses are larger. Note that EPC data is not available for all properties in Penrith.

41 CASTLEGATE: Plot and Title Map

41 CASTLEGATE sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 41 CASTLEGATE, 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 41 CASTLEGATE). 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 41 CASTLEGATE?

41 CASTLEGATE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 41 on CASTLEGATE.