3, TOWER VIEW, PENWORTHAM, PRESTON, PR1 0BQ - £367,500

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

3 TOWER VIEW is a very large detached house of 173m², built sometime between 1991 and 1995. It was last sold for £367,500 in March 2016, which was around 60% above the average March 2016 detached price in the South Ribble local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

3 TOWER VIEW Sold Prices

Land registry data shows two sales for 3 TOWER VIEW 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 3 TOWER VIEW 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
2016 23 MAR	£367,500	£229,949	60% above HPI
1999 30 JUN	£170,000	£92,263	84% above HPI

3 TOWER VIEW 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 3 TOWER VIEW sales from June 1999 and March 2016 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 June 1999 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the March 2016 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 3 TOWER VIEW?

3 TOWER VIEW is 173m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 3 TOWER VIEW lies on this distribution: 90% of detached houses are smaller than 3 TOWER VIEW, and 10% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

3 TOWER VIEW: Plot and Title Map

3 TOWER VIEW sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 3 TOWER VIEW, 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 TOWER VIEW). 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 TOWER VIEW?

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