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
4 PENNINE WAY is a very small semi-detached house of 50m², built sometime between 1996 and 2002. It was last sold for £122,700 in June 2020, which was around 45% below the average June 2020 detached price in the Wyre local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows seven sales for 4 PENNINE WAY since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the seven 4 PENNINE 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 |
---|---|---|---|
2020 29 JUN | £122,700 | £221,297 | 45% below HPI |
2010 9 APR | £125,000 | £210,259 | 41% below HPI |
2006 10 NOV | £139,950 | £222,652 | 37% below HPI |
2003 14 MAY | £82,950 | £142,159 | 42% below HPI |
2001 19 FEB | £56,950 | £97,128 | 41% below HPI |
1999 28 MAY | £50,000 | £87,406 | 43% below HPI |
1997 18 APR | £45,950 | £83,343 | 45% below HPI |
The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The seven 4 PENNINE WAY sales between April 1997 and June 2020 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 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2020 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
4 PENNINE WAY is 50m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Stalmine, based on EPC data. The below chart shows the distribution of detached houses by size in Stalmine, and where 4 PENNINE WAY lies on this distribution: 1% of detached houses are smaller than 4 PENNINE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Stalmine.
4 PENNINE WAY sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 4 PENNINE 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 4 PENNINE 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.
4 PENNINE WAY is located in STALMINE, in the FY6 postcode district. The below map shows the position of No. 4 on PENNINE WAY.