51, KINGSWAY, PENWORTHAM, PRESTON, PR1 0ED - £325,000

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

51 KINGSWAY is a very large detached house of 200m², built sometime between 1930 and 1949. It was last sold for £325,000 in October 2016, which was around 34% above the average October 2016 detached price in the South Ribble local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

51 KINGSWAY Sold Prices

Land registry data shows two sales for 51 KINGSWAY 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 51 KINGSWAY sales were 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
2016 6 OCT	£325,000	£241,801	34% above HPI
1997 31 OCT	£128,000	£86,374	48% above HPI

51 KINGSWAY 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 51 KINGSWAY sales from October 1997 and October 2016 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 October 1997 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2016 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 51 KINGSWAY?

51 KINGSWAY is 200m² according to the EPC inspection conducted in January 2016. This puts it in the largest 10% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 51 KINGSWAY lies on this distribution: 95% of detached houses are smaller than 51 KINGSWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

51 KINGSWAY: Plot and Title Map

51 KINGSWAY sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 51 KINGSWAY, 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 51 KINGSWAY). 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 51 KINGSWAY?

51 KINGSWAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 51 on KINGSWAY.