28, BROAD OAK LANE, PENWORTHAM, PRESTON, PR1 0UY - £250,000

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.

28 BROAD OAK LANE is a large extended detached house of 146m², built sometime between 1976 and 1982, which could now be worth an estimated £370,883. It was last sold for £250,000 in December 2014, which was around 15% above the average December 2014 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

28 BROAD OAK LANE Sold Prices

Land registry data shows two sales for 28 BROAD OAK LANE 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 28 BROAD OAK LANE 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
2014 18 DEC	£250,000	£218,316	15% above HPI
1995 28 JUL	£104,250	£77,957	34% above HPI

28 BROAD OAK LANE 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 28 BROAD OAK LANE sales from July 1995 and December 2014 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 July 1995 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2014 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 28 BROAD OAK LANE be worth now?

28 BROAD OAK LANE might now be worth an estimated £370,883.

This is based on house price inflation of 48.4%, between December 2014 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 48.4% inflationary increase is applied to the most recent sale price for 28 BROAD OAK LANE of £250,000 on 18th December 2014. For the value to have increased from £250,000 to £370,883 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 28 BROAD OAK LANE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The December 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 28 BROAD OAK LANE has not materially changed since December 2014.

How Large is 28 BROAD OAK LANE?

28 BROAD OAK LANE is 146m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% 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 28 BROAD OAK LANE lies on this distribution: 77% of detached houses houses are smaller than 28 BROAD OAK LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

28 BROAD OAK LANE: Plot and Title Map

28 BROAD OAK LANE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 28 BROAD OAK LANE, 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 28 BROAD OAK LANE). 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 28 BROAD OAK LANE?

28 BROAD OAK LANE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 28 on BROAD OAK LANE.