20, MACADAM GARDENS, PENRITH, CA11 9HS - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

20 MACADAM GARDENS is a midsized extended detached house of 114m², built sometime between 1996 and 2002. It was last sold for £295,000 in February 2023, which was around 19% below the average February 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

20 MACADAM GARDENS Sold Prices

Land registry data shows four sales for 20 MACADAM GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the four 20 MACADAM GARDENS sales were for below 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
2023 24 FEB	£295,000	£366,009	19% below HPI
2020 29 JUL	£231,400	£312,736	26% below HPI
2017 5 MAY	£230,000	£293,396	22% below HPI
2010 15 OCT	£210,000	£262,275	20% below HPI

20 MACADAM GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The four 20 MACADAM GARDENS sales between October 2010 and February 2023 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 July 2020 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 20 MACADAM GARDENS?

20 MACADAM GARDENS is 114m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 20 MACADAM GARDENS lies on this distribution: 46% of detached houses are smaller than 20 MACADAM GARDENS, and 54% of houses are larger. Note that EPC data is not available for all properties in Penrith.

20 MACADAM GARDENS: Plot and Title Map

20 MACADAM GARDENS sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 20 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 20 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 20 MACADAM GARDENS?

20 MACADAM GARDENS is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 20 on MACADAM GARDENS.