3, OAK ROAD, PENRITH, CA11 8TS - £295,000

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.

3 OAK ROAD is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £303,190. It was last sold for £295,000 in March 2023, which was around 22% below the average March 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

3 OAK ROAD Sold Prices

Land registry data shows one sale for 3 OAK ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 13 MAR	£295,000	£377,545	22% below HPI

What might 3 OAK ROAD be worth now?

3 OAK ROAD might now be worth an estimated £303,190.

This is based on house price inflation of 2.8%, between March 2023 and May 2026, 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 2.8% inflationary increase is applied to the most recent sale price for 3 OAK ROAD of £295,000 on 13th March 2023. For the value to have increased from £295,000 to £303,190 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 OAK ROAD has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The March 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAK ROAD has not materially changed since March 2023.

How Large is 3 OAK ROAD?

3 OAK ROAD is 81m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 3 OAK ROAD lies on this distribution: 13% of detached houses are smaller than 3 OAK ROAD, and 86% of detached houses are larger. Note that EPC data is not available for all properties in Penrith.

3 OAK ROAD: Plot

3 OAK ROAD sits on a plot of roughly 0.111 of an acre, or 449m².

Where is 3 OAK ROAD?

3 OAK ROAD is located in PENRITH, in the CA11 postcode district.