7, CROMWELL WAY, PENWORTHAM, PRESTON, PR1 9SB - £339,000

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

7 CROMWELL WAY is a very large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £339,000 in February 2021, which was around 27% above the average February 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

7 CROMWELL WAY Sold Prices

Land registry data shows four sales for 7 CROMWELL 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 7 CROMWELL WAY 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
2021 8 FEB	£339,000	£266,477	27% above HPI
2014 1 AUG	£278,000	£220,741	26% above HPI
2005 29 JUN	£250,000	£217,640	15% above HPI
2004 1 SEP	£216,950	£203,569	7% above HPI

7 CROMWELL 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 7 CROMWELL WAY sales between September 2004 and February 2021 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 August 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 7 CROMWELL WAY?

7 CROMWELL WAY is 158m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bamber Bridge, and where 7 CROMWELL WAY lies on this distribution: 94% of detached houses are smaller than 7 CROMWELL WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

7 CROMWELL WAY: Plot and Title Map

7 CROMWELL WAY sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 7 CROMWELL 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 7 CROMWELL 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 7 CROMWELL WAY?

7 CROMWELL WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 7 on CROMWELL WAY.