Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
35 MACADAM GARDENS is a small extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £299,000 in December 2021, which was around 12% below the average December 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 35 MACADAM GARDENS since 1st 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. two of the four 35 MACADAM GARDENS sales were for below the average price, and four 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 |
---|---|---|---|
2021 17 DEC | £299,000 | £338,175 | 12% below HPI |
2006 28 JUL | £264,000 | £255,406 | 3% above HPI |
2005 2 SEP | £238,000 | £243,771 | 2% below HPI |
1998 6 MAR | £113,400 | £88,969 | 27% above HPI |
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 35 MACADAM GARDENS sales between March 1998 and December 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 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
35 MACADAM GARDENS is 108m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 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 35 MACADAM GARDENS lies on this distribution: 39% of detached houses are smaller than 35 MACADAM GARDENS, and 59% of houses are larger. Note that EPC data is not available for all properties in Penrith.
35 MACADAM GARDENS sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 35 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 35 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.
35 MACADAM GARDENS is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 35 on MACADAM GARDENS.