6, CEDAR WAY, PENWORTHAM, PRESTON, PR1 0PE - £179,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 CEDAR WAY is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £179,000 in April 2015, which was around 20% below the average April 2015 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

6 CEDAR WAY Sold Prices

Land registry data shows three sales for 6 CEDAR WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the three 6 CEDAR 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
2015 10 APR	£179,000	£223,710	20% below HPI
2010 5 FEB	£162,000	£220,522	27% below HPI
1996 18 DEC	£59,000	£81,889	28% below HPI

6 CEDAR WAY 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 three 6 CEDAR WAY sales between December 1996 and April 2015 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 February 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 6 CEDAR WAY?

6 CEDAR WAY is 69m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 6 CEDAR WAY lies on this distribution: 7% of detached houses are smaller than 6 CEDAR WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

6 CEDAR WAY: Plot and Title Map

6 CEDAR WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 6 CEDAR 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 6 CEDAR 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.

Where is 6 CEDAR WAY?

6 CEDAR WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 6 on CEDAR WAY.