1, ABBEY WALK, PENWORTHAM, PRESTON, PR1 9BE - £310,000

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

1 ABBEY WALK is a small detached house of 100m², built sometime between 1976 and 1982, which could now be worth an estimated £340,012. It was last sold for £310,000 in April 2024, which was around 5% above the average April 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

1 ABBEY WALK Sold Prices

Land registry data shows two sales for 1 ABBEY WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. One of the two 1 ABBEY WALK sales was for above the average price, whilst the other was 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
2024 4 APR	£310,000	£295,165	5% above HPI
2021 13 DEC	£208,000	£283,367	27% below HPI

1 ABBEY WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 1 ABBEY WALK sales from December 2021 and April 2024 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 2021 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2024 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 ABBEY WALK be worth now?

1 ABBEY WALK might now be worth an estimated £340,012.

This is based on house price inflation of 9.7%, between April 2024 and December 2024, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.7% inflationary increase is applied to the most recent sale price for 1 ABBEY WALK of £310,000 on 4th April 2024. For the value to have increased from £310,000 to £340,012 over the four months to December 2024, the following assumptions must hold true:

• The value of 1 ABBEY WALK has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The April 2024 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ABBEY WALK has not materially changed since April 2024.

How Large is 1 ABBEY WALK?

1 ABBEY WALK is 100m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penwortham, and where 1 ABBEY WALK lies on this distribution: 38% of detached houses houses are smaller than 1 ABBEY WALK, and 61% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

1 ABBEY WALK: Plot and Title Map

1 ABBEY WALK sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 1 ABBEY WALK, 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 1 ABBEY WALK). 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 1 ABBEY WALK?

1 ABBEY WALK is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 1 on ABBEY WALK.