40, CROMWELL ROAD, RIBBLETON, PRESTON, PR2 6YD - £226,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 CROMWELL ROAD is a very large detached house of 163m², built sometime between 1900 and 1929. It was last sold for £226,500 in October 2011, which was about the average October 2011 detached price in the Preston local authority area. The most recent EPC inspection was August 2010, where the current energy rating was F, and the potential energy rating was D.

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 Preston local authority area for the corresponding sale date. One of the two 40 CROMWELL ROAD sales was roughly equal to the average price, whilst the other was for above 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
2011 31 OCT	£226,500	£227,497	Close to HPI
1996 12 JAN	£120,000	£83,529	44% above HPI

40 CROMWELL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 40 CROMWELL ROAD sales from January 1996 and October 2011 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 January 1996 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2011 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 40 CROMWELL ROAD be worth now?

40 CROMWELL ROAD might now be worth an estimated £323,956.

This is based on house price inflation of 43%, between October 2011 and December 2024, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43% inflationary increase is applied to the most recent sale price for 40 CROMWELL ROAD of £226,500 on 31st October 2011. For the value to have increased from £226,500 to £323,956 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of 40 CROMWELL ROAD has moved in line with the HPI for detached houses in the Preston local authority area.
• The October 2011 sale price of £226,500 represented a fair market value for the property.
• The size, condition, and specification of 40 CROMWELL ROAD has not materially changed since October 2011.

How Large is 40 CROMWELL ROAD?

40 CROMWELL ROAD is 163m² according to the EPC inspection conducted in August 2010. This puts it in the largest 20% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 40 CROMWELL ROAD lies on this distribution: 89% of detached houses houses are smaller than 40 CROMWELL ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Preston.

40 CROMWELL ROAD: Plot and Title Map

40 CROMWELL ROAD sits on a plot of roughly 0.470 of an acre, or 1,903m². 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 RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 40 on CROMWELL ROAD.