4, Espland Close
4, Espland Close
Description & Estimates
Public records show 4, Espland Close, Penrith to be a modern freehold house with 871 ft2 of internal area, sitting on a 119 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Espland Close, Penrith has an estimated sale value of £248,914 and an estimated rental value of £1,210 per month, assuming reasonable condition and based on the information available.
Espland Close, Newton Reigny, Penrith, CA11 lies within the CA11 postal district.
Our Data Sources
4, Espland Close, Penrith has 21 entries in the Land Registry , most recently in November 2008 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 4, Espland Close, Penrith would be worth £261,359, with a potential rental value of £1,270 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £231,490, with a rental value of £1,125 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 4, Espland Close, Penrith has fallen by £1,114 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £46 (3.8%). The property's estimated gross yield is currently 5.8%.
Plot Size
4, Espland Close, Penrith occupies a 119 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 4th largest.
Energy Efficiency
4, Espland Close, Penrith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
4, Espland Close, Penrith last changed hands on 14th November 2008, selling for £120,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 26.7% since November 2008.
- Sold Nov 2008£120,000
- Sold Mar 1997£55,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.4 kilometres of 4, Espland Close, Penrith across the last 2 years.
Most recently, 3, Newton Meadows, Penrith, CA11 0AT, a freehold house, sold at £175,000 on the 16th August 2016.
Read more about house prices in CA11.
•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 4, Espland Close, Penrith as the 3rd largest and the 4th most expensive of the 5 addresses on Espland Close, Newton Reigny, Penrith, CA11.
Against the CA11 postcode district average, it is £45k less expensive than the typical property.
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Schools Nearby
- 3.6kmStainton CofE Primary School
- 3.6kmSt Catherine's Catholic Primary School, Penrith
- 3.8kmBrunswick School
- 3.9kmQueen Elizabeth Grammar School Penrith
- 4.4kmUllswater Community College
- 21.7kmCaldew School
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Public Transport Nearby
Penrith (North Lakes) station is the nearest stop to 4, Espland Close, Penrith at 3.8 kilometres away.
- 3.8kmPenrith (North Lakes)
- 9.6kmLangwathby
- 10.6kmLazonby & Kirkoswald
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
