5, PRIMROSE DRIVE, PENRITH, CA11 8FD - £172,000

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.

5 PRIMROSE DRIVE is a very small terraced house of 69m², built in 2017, which could now be worth an estimated £176,991. It was last sold for £172,000 in December 2023, which was around 4% below the average December 2023 terraced price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

5 PRIMROSE DRIVE Sold Prices

Land registry data shows four sales for 5 PRIMROSE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Westmorland and Furness local authority area for the corresponding sale date. Two of the four 5 PRIMROSE DRIVE sales were for below the average price, whilst one 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
2023 1 DEC	£172,000	£179,386	4% below HPI
2023 13 OCT	£172,000	£175,865	2% below HPI
2020 8 OCT	£155,500	£155,327	Close to HPI
2018 29 NOV	£151,995	£139,947	9% above HPI

5 PRIMROSE DRIVE 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 four 5 PRIMROSE DRIVE sales between November 2018 and December 2023 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 October 2023 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 PRIMROSE DRIVE be worth now?

5 PRIMROSE DRIVE might now be worth an estimated £176,991.

This is based on house price inflation of 2.9%, between December 2023 and May 2026, 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 2.9% inflationary increase is applied to the most recent sale price for 5 PRIMROSE DRIVE of £172,000 on 1st December 2023. For the value to have increased from £172,000 to £176,991 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 PRIMROSE DRIVE has moved in line with the HPI for terraced houses in the Westmorland and Furness local authority area.
• The December 2023 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PRIMROSE DRIVE has not materially changed since December 2023.

How Large is 5 PRIMROSE DRIVE?

5 PRIMROSE DRIVE is 69m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% 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 5 PRIMROSE DRIVE lies on this distribution: 5% of terraced houses houses are smaller than 5 PRIMROSE DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Penrith.

5 PRIMROSE DRIVE: Plot and Title Map

5 PRIMROSE DRIVE sits on a plot of roughly 0.020 of an acre, or 80m². The below map shows the location of 5 PRIMROSE DRIVE, 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 5 PRIMROSE DRIVE). 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 5 PRIMROSE DRIVE?

5 PRIMROSE DRIVE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 5 on PRIMROSE DRIVE.