35, RIDGE WAY, PENWORTHAM, PRESTON, PR1 9XW - £247,000

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

35 RIDGE WAY is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £247,000 in February 2021, which was around 7% below the average February 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

35 RIDGE WAY Sold Prices

Land registry data shows four sales for 35 RIDGE WAY 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. Most of the four 35 RIDGE WAY 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
2021 26 FEB	£247,000	£266,477	7% below HPI
2015 4 DEC	£210,000	£227,196	8% below HPI
1998 24 APR	£80,000	£88,876	10% below HPI
1996 28 JUN	£85,000	£78,843	8% above HPI

35 RIDGE WAY 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 35 RIDGE WAY sales between June 1996 and February 2021 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 December 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 35 RIDGE WAY?

35 RIDGE WAY is 98m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 35 RIDGE WAY lies on this distribution: 34% of detached houses are smaller than 35 RIDGE WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

35 RIDGE WAY: Plot and Title Map

35 RIDGE WAY sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 35 RIDGE WAY, 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 35 RIDGE WAY). 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 35 RIDGE WAY?

35 RIDGE WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 35 on RIDGE WAY.