8, FAIRHILL CLOSE, PENRITH, CA11 8RD - £342,000

8 FAIRHILL CLOSE is a large detached house of 137m², built sometime between 1967 and 1975. It was last sold for £342,000 in August 2015, which was around 23% above the average August 2015 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

8 FAIRHILL CLOSE Sold Prices

Land registry data shows two sales for 8 FAIRHILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 8 FAIRHILL CLOSE 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
2015 20 AUG	£342,000	£277,996	23% above HPI
2006 27 NOV	£325,000	£260,056	25% above HPI

8 FAIRHILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The two 8 FAIRHILL CLOSE sales from November 2006 and August 2015 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 November 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 8 FAIRHILL CLOSE?

8 FAIRHILL CLOSE is 137m² according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 8 FAIRHILL CLOSE lies on this distribution: 64% of detached houses are smaller than 8 FAIRHILL CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Penrith.

8 FAIRHILL CLOSE: Plot and Title Map

8 FAIRHILL CLOSE sits on a plot of roughly 0.265 of an acre, or 1,073m². The below map shows the location of 8 FAIRHILL 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 8 FAIRHILL 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 8 FAIRHILL CLOSE?

8 FAIRHILL CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 8 on FAIRHILL CLOSE.