That is the middle of 941 standard sales recorded by HM Land Registry from September 2023 to August 2026, against £277,000 in the typical UK town. The typical home sells for 4.4 times as much as in 1995. Below: what each type of home sells for, the spread of prices, every year since 1995, new builds, the busiest streets and the neighbours. Rents and council tax are on Cost of living.
A third of Penrith’s sales are semi-detached houses
941 homes sold in three years: 271 detached houses, 284 semi-detached houses, 235 terraced houses and 151 flats and maisonettes. A detached house sells for 2.7 times what a flat does.
Detached houses£366K
median sale · 271 sold in 3 years
Middle half
£290K–£420K
Last 12 months
£360K46 sold
New build
£376K
Semi-detached houses£225K
median sale · 284 sold in 3 years
Middle half
£190K–£265K
Last 12 months
£240K88 sold
New build
£260K
Terraced houses£173K
median sale · 235 sold in 3 years
Middle half
£142K–£215K
Last 12 months
£175K80 sold
Flats and maisonettes£137K
median sale · 151 sold in 3 years
Middle half
£105K–£180K
Last 12 months
£144K48 sold
The mix
A mixed market: no one type makes up more than 30% of sales
Detached houses29%
Semi-detached houses30%
Terraced houses25%
Flats and maisonettes16%
Standard sales, Sep 2023 to Aug 2026. A median needs 5 sales of a type; “middle half” is the 25th to 75th percentile of 10 or more.
Price range
Half of Penrith’s homes sold for between £165K and £303K
One sale in ten was under £120K and one in ten over £410K. 57% sold for under £250K.
Sales by price · Sep 2023 to Aug 2026
The median, £228,950, sits in the £200–250K band
941 standard sales. Each bar is the number sold in that price band; the darker bar holds the median.
Since 1995
The typical home costs 4.4 times as much as in 1995, a slower rise than England’s
Land Registry has recorded every sale since 1995. The median went from £49,000 in 1995 to £215,000 in the last 12 months (£179,500 in 2019).
31 years of sales
Fewer homes sell than in most years
262 sales in the last 12 months, against 464 in 2021, the busiest year, and 180 in 2008. Sales fell by 44% from 2007 to 2009 in the financial crisis, though the median held. 2021, the stamp duty holiday, saw 41% more sales than 2020.
Homes soldMedian sale price
Against England
Penrith costs less than England as a whole
Median sale price each calendar year: Penrith, every standard sale in England, and the typical UK town (the middle of the town medians, towns of 2,500 or more).
By type
Semi-detached houses rose the most since 1995
1995
2000
2005
2010
2015
2020
Last 12 months
Detached houses
£79K
£96K
£257K
£235K
£250K
£295K
£360K
Semi-detached houses
£52K
£65K
£149K
£165K
£160K
£188K
£240K
Terraced houses
£44K
£51K
£134K
£135K
£136K
£155K
£175K
Flats and maisonettes
£38K
£41K
£105K
£118K
£150K
£121K
£144K
Calendar years; a year’s median needs 5 sales of the type, so gaps are years with fewer.
Prices are as paid, not adjusted for inflation. Standard (category A) sales only; Land Registry adds a sale when it is registered, so the newest months fill in later.
New builds
New builds have slowed: 1% of sales in the last 12 months, after 33% in 2019
1,559 new homes have been sold in Penrith since 1995; the share peaked at 33% in 2019.
New-build share of sales
Calendar years with 10 or more sales, then the last 12 months.
New builds and tenure · 3 years
A new home sold for a median £329,995
against £212,750 for a home sold on, 55% more, over three years. New homes are often a different mix from the homes sold on, so part of the gap is size and type.
17% of sales were leasehold
Nearly every flat in England and Wales is leasehold; among houses, 1.4% sold leasehold in Penrith. A leasehold buyer owns the home for a fixed term and may pay ground rent and service charges; check the lease before you buy.
Streets
Carleton Meadows is Penrith’s busiest street, with 35 sales in three years
60 streets had five or more sales from Sep 2023 to Aug 2026, 23 of them ten or more. A busy street is often a new estate selling its first homes, or a long road of terraces and flats.
#
Street
Postcode area
Sales
Median
Homes
1
Carleton Meadows
CA11
35
£380,000
Mostly detached houses · new builds
2
High Cup Heights
CA11
32
£378,950
Mostly detached houses
3
Bannerdale Road
CA11
27
£335,000
Mostly detached houses · new builds
4
Roper Street
CA11
26
£197,450
Mostly flats
5
Primrose Drive
CA11
25
£117,000
Mixed
6
Bridge Lane
CA11
21
£124,000
Mostly flats
7
Tulip Gardens
CA11
19
£251,745
Mixed · new builds
8
Wordsworth Street
CA11
18
£330,000
Mixed
9
Croft Avenue
CA11
15
£270,000
Mostly semi-detached houses
10
Freesia Gardens
CA11
14
£298,500
Mostly detached houses · new builds
11
Graham Street
CA11
13
£215,000
Mixed
12
Friargate
CA11
13
£181,000
Mostly flats
13
Brougham Street
CA11
13
£160,000
Mostly terraced houses
14
Crocus Avenue
CA11
12
£235,000
Mixed
15
Milner Mount
CA11
11
£195,000
Mostly semi-detached houses
Dearest streets
Heaplaw Grove: £449,950
Penrith median£229K
Heaplaw Grove£450K
Centurion Rise£401K
Arthur Street£393K
White Ox Way£385K
Carleton Meadows£380K
Cheapest streets
Benson Row: £85,500
Penrith median£229K
Benson Row£86K
Primrose Drive£117K
Scotland Road£118K
Bridge Lane£124K
Castlegate£137K
Among streets with five or more sales; the dearest street’s median is 5.3 times the cheapest’s. Street medians mix types: a street of detached houses beats one of flats.
Standard sales with a street name, grouped by street and postcode district (Sep 2023 to Aug 2026); a name used in two districts shows the district. Medians only: we don’t list individual sales.
Across Cumbria
Penrith is the 9th most expensive of 23 towns in Cumbria
Penrith is in the middle of Cumbria’s towns to buy in; the typical UK town’s median is £277,000.
Median: standard sales over three years (10+ needed). Since 2016: the median over three years against 2016’s. Miles: centre to centre.
Questions about property prices in Penrith
What is the average house price in Penrith?
The median home in Penrith sold for £228,950 from September 2023 to August 2026, across 941 standard sales (£215,000 in the last 12 months). By type: detached houses £365,750, semi-detached houses £225,000, terraced houses £173,000 and flats and maisonettes £137,000.
Are house prices going up in Penrith?
The median was £208,000 in 2025, down 11% on 2024 (£232,600), and £215,000 in the last 12 months. A town’s median moves with the mix of homes sold each year as well as with prices.
How many homes sell in Penrith each year?
262 standard sales were recorded in the last 12 months, against an average of 358 a year since 2015. Repossessions, company purchases and other non-standard sales aren’t counted.
What are the most expensive streets in Penrith?
Among streets with five or more sales in three years: Heaplaw Grove (CA11, £449,950), Centurion Rise (CA11, £400,750) and Arthur Street (CA11, £392,500).
How much does a new build cost in Penrith?
New homes sold for a median £329,995 over three years, against £212,750 for homes sold on. New builds were 11% of sales.
Is Penrith expensive for Cumbria?
Penrith is the 9th most expensive of 23 towns of 2,500 or more in Cumbria by median sale price.
Sources: HM Land Registry Price Paid, every standard sale since January 1995 (yearly files of 28 September 2026), inside the ONS 2022 built-up-area boundary by postcode (ONS Postcode Directory) · TownRatings grades: our own summary of the data, ranked against UK towns only. All under the Open Government Licence v3.0.