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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 PADWAY is a very large extended detached house of 187m², built sometime between 1950 and 1966, which could now be worth an estimated £335,647. It was last sold for £252,500 in October 2017, which was around 4% 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	£243,647	4% above HPI
2003 10 APR	£115,000	£148,182	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 4 PADWAY be worth now?

4 PADWAY might now be worth an estimated £335,647.

This is based on house price inflation of 32.9%, between October 2017 and February 2025, 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 32.9% inflationary increase is applied to the most recent sale price for 4 PADWAY of £252,500 on 5th October 2017. For the value to have increased from £252,500 to £335,647 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 PADWAY has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The October 2017 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PADWAY has not materially changed since October 2017.

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 houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penwortham, and where 4 PADWAY lies on this distribution: 93% of detached houses 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.