24, CROMWELL WAY, PENWORTHAM, PRESTON, PR1 9SB - £305,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 CROMWELL WAY is a midsized detached house of 100m², built sometime between 2003 and 2006. It was last sold for £305,000 in May 2024, which was around 3% below the average May 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

24 CROMWELL WAY Sold Prices

Land registry data shows four sales for 24 CROMWELL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the four 24 CROMWELL WAY 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 9 MAY	£305,000	£315,330	3% below HPI
2011 13 DEC	£189,500	£215,366	12% below HPI
2008 19 DEC	£205,000	£208,397	2% below HPI
2005 30 JUN	£201,950	£217,640	7% below HPI

24 CROMWELL 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 four 24 CROMWELL WAY sales between June 2005 and May 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 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 24 CROMWELL WAY?

24 CROMWELL WAY is 100m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 50% of detached houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bamber Bridge, and where 24 CROMWELL WAY lies on this distribution: 42% of detached houses are smaller than 24 CROMWELL WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

24 CROMWELL WAY: Plot and Title Map

24 CROMWELL WAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 24 CROMWELL 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 24 CROMWELL 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 24 CROMWELL WAY?

24 CROMWELL WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 24 on CROMWELL WAY.