12, MACADAM GARDENS, PENRITH, CA11 9HS - £179,000

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.

12 MACADAM GARDENS is a very small extended semi-detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £256,504. It was last sold for £179,000 in November 2015, which was around 2% above the average November 2015 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

12 MACADAM GARDENS Sold Prices

Land registry data shows three sales for 12 MACADAM GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three 12 MACADAM GARDENS 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
2015 5 NOV	£179,000	£176,039	2% above HPI
2004 20 JAN	£137,500	£116,069	18% above HPI
2002 5 APR	£92,500	£79,534	16% above HPI

12 MACADAM GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The three 12 MACADAM GARDENS sales between April 2002 and November 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 12 MACADAM GARDENS be worth now?

12 MACADAM GARDENS might now be worth an estimated £256,504.

This is based on house price inflation of 43.3%, between November 2015 and February 2025, for semi-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 43.3% inflationary increase is applied to the most recent sale price for 12 MACADAM GARDENS of £179,000 on 5th November 2015. For the value to have increased from £179,000 to £256,504 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 MACADAM GARDENS has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The November 2015 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MACADAM GARDENS has not materially changed since November 2015.

How Large is 12 MACADAM GARDENS?

12 MACADAM GARDENS is 68m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of semi-detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penrith, and where 12 MACADAM GARDENS lies on this distribution: 4% of semi-detached houses houses are smaller than 12 MACADAM GARDENS, and 96% of houses are larger. Note that EPC data is not available for all properties in Penrith.

12 MACADAM GARDENS: Plot and Title Map

12 MACADAM GARDENS sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 12 MACADAM GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 MACADAM GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 MACADAM GARDENS?

12 MACADAM GARDENS is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 12 on MACADAM GARDENS.