29, PADWAY, PENWORTHAM, PRESTON, PR1 9EN - £222,000

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

29 PADWAY is a small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £222,000 in July 2020, which was around 15% below the average July 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was C.

29 PADWAY Sold Prices

Land registry data shows three sales for 29 PADWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the three 29 PADWAY 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
2020 24 JUL	£222,000	£261,989	15% below HPI
2015 2 OCT	£178,000	£227,388	22% below HPI
2008 2 APR	£189,000	£237,069	20% below HPI

29 PADWAY 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 three 29 PADWAY sales between April 2008 and July 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 October 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 29 PADWAY?

29 PADWAY is 85m² according to the EPC inspection conducted in May 2020. 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 29 PADWAY lies on this distribution: 20% of detached houses are smaller than 29 PADWAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

29 PADWAY: Plot and Title Map

29 PADWAY sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 29 PADWAY, 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 29 PADWAY). 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 29 PADWAY?

29 PADWAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 29 on PADWAY.