40, CROMWELL ROAD, PENWORTHAM, PRESTON, PR1 9AT - £185,000

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

40 CROMWELL ROAD is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £185,000 in June 2019, which was around 27% below the average June 2019 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

40 CROMWELL ROAD Sold Prices

Land registry data shows two sales for 40 CROMWELL ROAD 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 40 CROMWELL ROAD 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
2019 27 JUN	£185,000	£252,550	27% below HPI
2004 20 AUG	£143,000	£197,900	28% below HPI

40 CROMWELL ROAD 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 40 CROMWELL ROAD sales from August 2004 and June 2019 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 August 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 40 CROMWELL ROAD?

40 CROMWELL ROAD is 89m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 40 CROMWELL ROAD lies on this distribution: 26% of detached houses are smaller than 40 CROMWELL ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

40 CROMWELL ROAD: Plot and Title Map

40 CROMWELL ROAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 40 CROMWELL ROAD, 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 40 CROMWELL ROAD). 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 40 CROMWELL ROAD?

40 CROMWELL ROAD is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 40 on CROMWELL ROAD.