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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 30% 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	£334,837	30% below HPI
2001 20 JUL	£81,000	£124,620	35% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 34 MACADAM WAY be worth now?

34 MACADAM WAY might now be worth an estimated £282,240.

This is based on house price inflation of 20.1%, between January 2021 and December 2024, for 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 20.1% inflationary increase is applied to the most recent sale price for 34 MACADAM WAY of £235,000 on 20th January 2021. For the value to have increased from £235,000 to £282,240 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 34 MACADAM WAY has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The January 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 34 MACADAM WAY has not materially changed since January 2021.

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 30% of detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penrith, and where 34 MACADAM WAY lies on this distribution: 70% of detached houses 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.