3, ABBEY WALK, PENWORTHAM, PRESTON, PR1 9BE - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 ABBEY WALK is a small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £263,936. It was last sold for £175,000 in February 2014, which was around 18% below the average February 2014 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

3 ABBEY WALK Sold Prices

Land registry data shows four sales for 3 ABBEY WALK 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 3 ABBEY WALK 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
2014 12 FEB	£175,000	£214,653	18% below HPI
2009 12 AUG	£174,000	£208,288	16% below HPI
2007 6 JUN	£189,000	£227,886	17% below HPI
2000 30 JUN	£93,950	£94,976	1% below HPI

3 ABBEY WALK 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 3 ABBEY WALK sales between June 2000 and February 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 August 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 ABBEY WALK be worth now?

3 ABBEY WALK might now be worth an estimated £263,936.

This is based on house price inflation of 50.8%, between February 2014 and December 2024, 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 50.8% inflationary increase is applied to the most recent sale price for 3 ABBEY WALK of £175,000 on 12th February 2014. For the value to have increased from £175,000 to £263,936 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 3 ABBEY WALK has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The February 2014 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ABBEY WALK has not materially changed since February 2014.

How Large is 3 ABBEY WALK?

3 ABBEY WALK is 100m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% 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 3 ABBEY WALK lies on this distribution: 38% of detached houses houses are smaller than 3 ABBEY WALK, and 61% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

3 ABBEY WALK: Plot and Title Map

3 ABBEY WALK sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 3 ABBEY WALK, 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 3 ABBEY WALK). 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 3 ABBEY WALK?

3 ABBEY WALK is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 3 on ABBEY WALK.