48, BLUNDELL LANE, PENWORTHAM, PRESTON, PR1 0AX - £238,000

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.

48 BLUNDELL LANE is a very small detached house of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £311,119. It was last sold for £238,000 in May 2020, which was around 4% below the average May 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

48 BLUNDELL LANE Sold Prices

Land registry data shows two sales for 48 BLUNDELL LANE 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 48 BLUNDELL LANE 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 15 MAY	£238,000	£247,761	4% below HPI
1997 26 SEP	£54,500	£84,519	36% below HPI

48 BLUNDELL LANE 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 48 BLUNDELL LANE sales from September 1997 and May 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 September 1997 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 48 BLUNDELL LANE be worth now?

48 BLUNDELL LANE might now be worth an estimated £311,119.

This is based on house price inflation of 30.7%, between May 2020 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 30.7% inflationary increase is applied to the most recent sale price for 48 BLUNDELL LANE of £238,000 on 15th May 2020. For the value to have increased from £238,000 to £311,119 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 48 BLUNDELL LANE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The May 2020 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 48 BLUNDELL LANE has not materially changed since May 2020.

How Large is 48 BLUNDELL LANE?

48 BLUNDELL LANE is 67m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 48 BLUNDELL LANE lies on this distribution: 5% of detached houses houses are smaller than 48 BLUNDELL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

48 BLUNDELL LANE: Plot and Title Map

48 BLUNDELL LANE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 48 BLUNDELL LANE, 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 48 BLUNDELL LANE). 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 48 BLUNDELL LANE?

48 BLUNDELL LANE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 48 on BLUNDELL LANE.