41, MACADAM WAY, PENRITH, CA11 9HE - £250,000

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

41 MACADAM WAY is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £250,000 in April 2023, which was around 33% below the average April 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

41 MACADAM WAY Sold Prices

Land registry data shows two sales for 41 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 41 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
2023 28 APR	£250,000	£370,688	33% below HPI
2016 9 DEC	£225,000	£282,011	20% below HPI

41 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 41 MACADAM WAY sales from December 2016 and April 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 December 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 41 MACADAM WAY?

41 MACADAM WAY is 95m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 41 MACADAM WAY lies on this distribution: 28% of detached houses are smaller than 41 MACADAM WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Penrith.

41 MACADAM WAY: Plot and Title Map

41 MACADAM WAY sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 41 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 41 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 41 MACADAM WAY?

41 MACADAM WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 41 on MACADAM WAY.