4, PADWAY, PENWORTHAM, PRESTON, PR1 9EL - £252,500

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

4 PADWAY is a very large extended detached house of 187m², built sometime between 1950 and 1966. It was last sold for £252,500 in October 2017, which was around 1% above the average October 2017 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was C.

4 PADWAY Sold Prices

Land registry data shows two sales for 4 PADWAY 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. One of the two 4 PADWAY sales was for above the average price, whilst the other was 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
2017 5 OCT	£252,500	£250,706	1% above HPI
2003 10 APR	£115,000	£152,475	25% below HPI

4 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 two 4 PADWAY sales from April 2003 and October 2017 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 4 PADWAY?

4 PADWAY is 187m², which includes two extensions, according to the EPC inspection conducted in June 2016. 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 4 PADWAY lies on this distribution: 93% of detached houses are smaller than 4 PADWAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

4 PADWAY: Plot and Title Map

4 PADWAY sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 4 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 4 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 4 PADWAY?

4 PADWAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 4 on PADWAY.