34, MACADAM WAY, PENRITH, CA11 9HE - £235,000

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

34 MACADAM WAY is a large extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £235,000 in January 2021, which was around 29% below the average January 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

34 MACADAM WAY Sold Prices

Land registry data shows two sales for 34 MACADAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 34 MACADAM WAY 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
2021 20 JAN	£235,000	£329,169	29% below HPI
2001 20 JUL	£81,000	£122,510	34% below HPI

34 MACADAM WAY 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 two 34 MACADAM WAY sales from July 2001 and January 2021 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 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 34 MACADAM WAY?

34 MACADAM WAY is 143m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 34 MACADAM WAY lies on this distribution: 69% of detached houses are smaller than 34 MACADAM WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Penrith.

34 MACADAM WAY: Plot and Title Map

34 MACADAM WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 34 MACADAM WAY, 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 34 MACADAM WAY). 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 34 MACADAM WAY?

34 MACADAM WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 34 on MACADAM WAY.