1, Maiden Way Close
1, Maiden Way Close
Description & Estimates
Public records show 1, Maiden Way Close, Penrith to be a modern freehold house with 1,711 ft2 of internal area, sitting on a 477 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, Maiden Way Close, Penrith has an estimated sale value of £392,130 and an estimated rental value of £1,501 per month, assuming reasonable condition and based on the information available.
Maiden Way Close, Melmerby, Penrith, CA10 lies within the CA10 postal district.
Our Data Sources
1, Maiden Way Close, Penrith has a single entry in the Land Registry from April 2020 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Maiden Way Close, Penrith would be worth £411,736, with a potential rental value of £1,576 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £364,680, with a rental value of £1,396 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Maiden Way Close, Penrith has moved down by £4,236 (1.1%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (2.7%). The property's estimated gross yield is currently 4.6%.
Plot Size
1, Maiden Way Close, Penrith occupies a 477 m2 plot as recorded by HM Land Registry.
All 5 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
1, Maiden Way Close, Penrith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Dec 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
1, Maiden Way Close, Penrith last changed hands on 1st April 2020, selling for £315,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 22.3% since April 2020.
- Sold Apr 2020£315,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.2 kilometres of 1, Maiden Way Close, Penrith across the last 2 years.
Most recently, 2, Maiden Way Close, Penrith, CA10 1DW, a freehold house, sold at £320,000 on the 1st May 2020.
Read more about house prices in CA10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Maiden Way Close, Penrith as the 4th largest and the 3rd most expensive of the 5 addresses on Maiden Way Close, Melmerby, Penrith, CA10.
Against the CA10 postcode district average, it is £98k more expensive than the typical property.
More reading links
Schools Nearby
- 6.0kmLangwathby CofE Primary School
- 6.8kmLazonby C of E Primary School
- 7.1kmKirkoswald CofE School
- 12.6kmUllswater Community College
- 13.0kmQueen Elizabeth Grammar School Penrith
- 13.5kmSamuel King's School
More reading links
Public Transport Nearby
Langwathby station is the nearest stop to 1, Maiden Way Close, Penrith at 5.9 kilometres away.
- 5.9kmLangwathby
- 6.9kmLazonby & Kirkoswald
- 12.9kmPenrith (North Lakes)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
