7, LARCH CLOSE, PENRITH, CA11 8UH - £210,000

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.

7 LARCH CLOSE is a large semi-detached house of 150m², built sometime between 1991 and 1995, which could now be worth an estimated £305,208. It was last sold for £210,000 in September 2011, which was around 26% above the average September 2011 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

7 LARCH CLOSE Sold Prices

Land registry data shows three sales for 7 LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. Two of the three 7 LARCH CLOSE sales were for above the average price, whilst one was 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
2011 28 SEP	£210,000	£166,792	26% above HPI
2006 18 AUG	£235,000	£166,581	41% above HPI
1997 7 MAR	£50,002	£50,709	1% below HPI

7 LARCH CLOSE 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 three 7 LARCH CLOSE sales between March 1997 and September 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 August 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2011 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 7 LARCH CLOSE be worth now?

7 LARCH CLOSE might now be worth an estimated £305,208.

This is based on house price inflation of 45.3%, between September 2011 and April 2026, 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 45.3% inflationary increase is applied to the most recent sale price for 7 LARCH CLOSE of £210,000 on 28th September 2011. For the value to have increased from £210,000 to £305,208 over the fifteen years and five months to April 2026, the following assumptions must hold true:

• The value of 7 LARCH CLOSE has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The September 2011 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LARCH CLOSE has not materially changed since September 2011.

How Large is 7 LARCH CLOSE?

7 LARCH CLOSE is 150m² according to the EPC inspection conducted in September 2010. This puts it in the largest 30% 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 7 LARCH CLOSE lies on this distribution: 74% of semi-detached houses houses are smaller than 7 LARCH CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Penrith.

7 LARCH CLOSE: Plot and Title Map

7 LARCH CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 7 LARCH CLOSE, 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 7 LARCH CLOSE). 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 7 LARCH CLOSE?

7 LARCH CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 7 on LARCH CLOSE.