55, MACADAM WAY, PENRITH, CA11 9HE - £158,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 MACADAM WAY is a very small semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £207,953. It was last sold for £158,000 in April 2020, which was around 18% below the average April 2020 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

55 MACADAM WAY Sold Prices

Land registry data shows three sales for 55 MACADAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three 55 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
2020 24 APR	£158,000	£191,665	18% below HPI
2017 7 APR	£156,000	£182,615	15% below HPI
1996 8 JUL	£46,750	£48,617	4% below HPI

55 MACADAM WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The three 55 MACADAM WAY sales between July 1996 and April 2020 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 April 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 55 MACADAM WAY be worth now?

55 MACADAM WAY might now be worth an estimated £207,953.

This is based on house price inflation of 31.6%, between April 2020 and February 2025, for semi-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 31.6% inflationary increase is applied to the most recent sale price for 55 MACADAM WAY of £158,000 on 24th April 2020. For the value to have increased from £158,000 to £207,953 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 55 MACADAM WAY has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The April 2020 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 55 MACADAM WAY has not materially changed since April 2020.

How Large is 55 MACADAM WAY?

55 MACADAM WAY is 74m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of semi-detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penrith, and where 55 MACADAM WAY lies on this distribution: 7% of semi-detached houses houses are smaller than 55 MACADAM WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Penrith.

55 MACADAM WAY: Plot and Title Map

55 MACADAM WAY sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 55 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 55 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 55 MACADAM WAY?

55 MACADAM WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 55 on MACADAM WAY.