2, STUDHOLME AVENUE, PENWORTHAM, PRESTON, PR1 9PA - £160,000

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.

2 STUDHOLME AVENUE is a very small extended detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £172,330. It was last sold for £160,000 in June 2024, which was around 47% below the average June 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

2 STUDHOLME AVENUE Sold Prices

Land registry data shows three sales for 2 STUDHOLME AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the three 2 STUDHOLME AVENUE 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
2024 28 JUN	£160,000	£300,706	47% below HPI
2014 28 NOV	£140,000	£218,074	36% below HPI
1997 12 DEC	£70,000	£83,166	16% below HPI

2 STUDHOLME AVENUE 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 three 2 STUDHOLME AVENUE sales between December 1997 and June 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 November 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2024 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 2 STUDHOLME AVENUE be worth now?

2 STUDHOLME AVENUE might now be worth an estimated £172,330.

This is based on house price inflation of 7.7%, between June 2024 and February 2025, 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 7.7% inflationary increase is applied to the most recent sale price for 2 STUDHOLME AVENUE of £160,000 on 28th June 2024. For the value to have increased from £160,000 to £172,330 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 2 STUDHOLME AVENUE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The June 2024 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STUDHOLME AVENUE has not materially changed since June 2024.

How Large is 2 STUDHOLME AVENUE?

2 STUDHOLME AVENUE is 71m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% 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 2 STUDHOLME AVENUE lies on this distribution: 8% of detached houses houses are smaller than 2 STUDHOLME AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

2 STUDHOLME AVENUE: Plot and Title Map

2 STUDHOLME AVENUE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 2 STUDHOLME AVENUE, 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 2 STUDHOLME AVENUE). 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 2 STUDHOLME AVENUE?

2 STUDHOLME AVENUE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 2 on STUDHOLME AVENUE.