5, PARK CLOSE, PENRITH, CA11 8ND - £204,500

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.

5 PARK CLOSE is a detached house, which could now be worth an estimated £504,203. It was last sold for £204,500 in December 2002, which was around 30% above the average December 2002 detached price in the Westmorland and Furness local authority area.

5 PARK CLOSE Sold Prices

Land registry data shows two sales for 5 PARK 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 5 PARK 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
2002 12 DEC	£204,500	£157,380	30% above HPI
1998 25 SEP	£100,000	£95,386	5% above HPI

What might 5 PARK CLOSE be worth now?

5 PARK CLOSE might now be worth an estimated £504,203.

This is based on house price inflation of 146.6%, between December 2002 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 146.6% inflationary increase is applied to the most recent sale price for 5 PARK CLOSE of £204,500 on 12th December 2002. For the value to have increased from £204,500 to £504,203 over the 24 years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 PARK CLOSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The December 2002 sale price of £204,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK CLOSE has not materially changed since December 2002.

Where is 5 PARK CLOSE?

5 PARK CLOSE is located in PENRITH, in the CA11 postcode district.