28, LACY AVENUE, PENWORTHAM, PRESTON, PR1 9NX - £150,000

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 LACY AVENUE is a very small semi-detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £197,893. It was last sold for £150,000 in May 2018, which was around 3% below the average May 2018 semi-detached price in the South Ribble local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

28 LACY AVENUE Sold Prices

Land registry data shows seven sales for 28 LACY AVENUE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the South Ribble local authority area for the corresponding sale date. Most of the seven 28 LACY 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
2018 18 MAY	£150,000	£155,432	3% below HPI
2018 30 APR	£135,000	£153,802	12% below HPI
2010 22 OCT	£125,000	£141,462	12% below HPI
2009 23 JAN	£108,000	£124,975	14% below HPI
2003 28 FEB	£97,000	£87,590	11% above HPI
2001 9 NOV	£70,000	£65,194	7% above HPI
1995 30 JUN	£63,950	£48,886	31% above HPI

28 LACY AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Ribble local authority area over time, sourced from the HPI. The seven 28 LACY AVENUE sales between June 1995 and May 2018 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 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 28 LACY AVENUE be worth now?

28 LACY AVENUE might now be worth an estimated £197,893.

This is based on house price inflation of 31.9%, between May 2018 and February 2025, for semi-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 31.9% inflationary increase is applied to the most recent sale price for 28 LACY AVENUE of £150,000 on 18th May 2018. For the value to have increased from £150,000 to £197,893 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 28 LACY AVENUE has moved in line with the HPI for semi-detached houses in the South Ribble local authority area.
• The May 2018 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 28 LACY AVENUE has not materially changed since May 2018.

How Large is 28 LACY AVENUE?

28 LACY AVENUE is 77m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of semi-detached houses houses in Penwortham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penwortham, and where 28 LACY AVENUE lies on this distribution: 14% of semi-detached houses houses are smaller than 28 LACY AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

28 LACY AVENUE: Plot and Title Map

28 LACY AVENUE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 28 LACY 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 28 LACY 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 28 LACY AVENUE?

28 LACY AVENUE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 28 on LACY AVENUE.