22, MEADOWS REACH, PENWORTHAM, PRESTON, PR1 0XG - £275,000

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.

22 MEADOWS REACH is a midsized detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £340,476. It was last sold for £275,000 in December 2020, which was around 5% above the average December 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

22 MEADOWS REACH Sold Prices

Land registry data shows two sales for 22 MEADOWS REACH 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. Both of the two 22 MEADOWS REACH sales were for above 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 16 DEC	£275,000	£261,595	5% above HPI
1998 28 AUG	£130,460	£88,943	47% above HPI

22 MEADOWS REACH 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 MEADOWS REACH sales from August 1998 and December 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 August 1998 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 22 MEADOWS REACH be worth now?

22 MEADOWS REACH might now be worth an estimated £340,476.

This is based on house price inflation of 23.8%, between December 2020 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 23.8% inflationary increase is applied to the most recent sale price for 22 MEADOWS REACH of £275,000 on 16th December 2020. For the value to have increased from £275,000 to £340,476 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 22 MEADOWS REACH has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The December 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MEADOWS REACH has not materially changed since December 2020.

How Large is 22 MEADOWS REACH?

22 MEADOWS REACH is 117m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 22 MEADOWS REACH lies on this distribution: 54% of detached houses houses are smaller than 22 MEADOWS REACH, and 45% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

22 MEADOWS REACH: Plot and Title Map

22 MEADOWS REACH sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 22 MEADOWS REACH, 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 MEADOWS REACH). 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 MEADOWS REACH?

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