79, MACADAM WAY, PENRITH, CA11 9HE - £75,000

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.

79 MACADAM WAY is a very small flat of 37m², built sometime between 1976 and 1982, which could now be worth an estimated £107,002. It was last sold for £75,000 in May 2004, which was around 19% below the average May 2004 flat price in the Westmorland and Furness local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

79 MACADAM WAY Sold Prices

Land registry data shows one sale for 79 MACADAM WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Westmorland and Furness local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 28 MAY	£75,000	£92,734	19% below HPI

What might 79 MACADAM WAY be worth now?

79 MACADAM WAY might now be worth an estimated £107,002.

This is based on house price inflation of 42.7%, between May 2004 and May 2026, for flats, 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 42.7% inflationary increase is applied to the most recent sale price for 79 MACADAM WAY of £75,000 on 28th May 2004. For the value to have increased from £75,000 to £107,002 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 79 MACADAM WAY has moved in line with the HPI for flats in the Westmorland and Furness local authority area.
• The May 2004 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 79 MACADAM WAY has not materially changed since May 2004.

How Large is 79 MACADAM WAY?

79 MACADAM WAY is 37m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of flats in Penrith, based on EPC data. 6% of flats are smaller than 79 MACADAM WAY, and 94% of flats are larger. Note that EPC data is not available for all properties in Penrith.

79 MACADAM WAY: Plot

79 MACADAM WAY sits on a plot of roughly 0.300 of an acre, or 1,216m².

Where is 79 MACADAM WAY?

79 MACADAM WAY is located in PENRITH, in the CA11 postcode district.