63, RIDGE WAY, PENWORTHAM, PRESTON, PR1 9XW - £214,500

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

63 RIDGE WAY is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £214,500 in October 2018, which was around 16% below the average October 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

63 RIDGE WAY Sold Prices

Land registry data shows four sales for 63 RIDGE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the four 63 RIDGE 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
2018 19 OCT	£214,500	£255,231	16% below HPI
2013 24 MAY	£163,000	£212,110	23% below HPI
2006 3 MAR	£165,000	£217,243	24% below HPI
2002 12 JUL	£99,000	£127,068	22% below HPI

63 RIDGE 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 four 63 RIDGE WAY sales between July 2002 and October 2018 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 May 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 63 RIDGE WAY?

63 RIDGE WAY is 79m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 63 RIDGE WAY lies on this distribution: 15% of detached houses are smaller than 63 RIDGE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

63 RIDGE WAY: Plot and Title Map

63 RIDGE WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 63 RIDGE 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 63 RIDGE 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 63 RIDGE WAY?

63 RIDGE WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 63 on RIDGE WAY.