HILL CREST, FELL LANE, PENRITH, CA11 8BJ - £415,500

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.

HILL CREST is a small detached house of 109m², built sometime between 1900 and 1929, which could now be worth an estimated £450,468. It was last sold for £415,500 in July 2021, which was around 24% above the average July 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

HILL CREST Sold Prices

Land registry data shows two sales for HILL CREST 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 HILL CREST 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
2021 30 JUL	£415,500	£335,898	24% above HPI
2001 14 JUN	£142,000	£120,958	17% above HPI

HILL CREST 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 HILL CREST sales from June 2001 and July 2021 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 June 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might HILL CREST be worth now?

HILL CREST might now be worth an estimated £450,468.

This is based on house price inflation of 8.4%, between July 2021 and June 2025, for 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 8.4% inflationary increase is applied to the most recent sale price for HILL CREST of £415,500 on 30th July 2021. For the value to have increased from £415,500 to £450,468 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of HILL CREST has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The July 2021 sale price of £415,500 represented a fair market value for the property.
• The size, condition, and specification of HILL CREST has not materially changed since July 2021.

How Large is HILL CREST?

HILL CREST is 109m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penrith, and where HILL CREST lies on this distribution: 40% of detached houses houses are smaller than HILL CREST, and 59% of houses are larger. Note that EPC data is not available for all properties in Penrith.

HILL CREST: Plot and Title Map

HILL CREST sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of HILL CREST, 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 HILL CREST). 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 HILL CREST?

HILL CREST is located on FELL LANE in PENRITH, in the CA11 postcode district. The below map shows the position of HILL CREST on FELL LANE.