22, CEDAR WAY, PENWORTHAM, PRESTON, PR1 0PE - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 CEDAR WAY is a small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £310,000 in March 2021, which was around 17% above the average March 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

22 CEDAR WAY Sold Prices

Land registry data shows two sales for 22 CEDAR 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 South Ribble local authority area for the corresponding sale date. One of the two 22 CEDAR WAY 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
2021 23 MAR	£310,000	£265,162	17% above HPI
2006 13 APR	£199,950	£219,188	9% below HPI

22 CEDAR WAY 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 22 CEDAR WAY sales from April 2006 and March 2021 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 22 CEDAR WAY?

22 CEDAR WAY is 89m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 22 CEDAR WAY lies on this distribution: 26% of detached houses are smaller than 22 CEDAR WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

22 CEDAR WAY: Plot and Title Map

22 CEDAR WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 22 CEDAR 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 22 CEDAR 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 22 CEDAR WAY?

22 CEDAR WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 22 on CEDAR WAY.