7, KINGSWAY, PENWORTHAM, PRESTON, PR1 0AP - £600,000

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

7 KINGSWAY is a very large extended detached house of 174m², built sometime between 1930 and 1949. It was last sold for £600,000 in March 2023, which was around 91% above the average March 2023 detached price in the South Ribble local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

7 KINGSWAY Sold Prices

Land registry data shows three sales for 7 KINGSWAY 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 7 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
2023 31 MAR	£600,000	£314,359	91% above HPI
2015 30 OCT	£400,000	£227,388	76% above HPI
2012 16 MAR	£417,525	£210,294	99% above HPI

7 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 three 7 KINGSWAY sales between March 2012 and March 2023 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 2015 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the March 2023 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 7 KINGSWAY?

7 KINGSWAY is 174m², which includes one extension, according to the EPC inspection conducted in November 2022. 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 7 KINGSWAY lies on this distribution: 90% of detached houses are smaller than 7 KINGSWAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

7 KINGSWAY: Plot and Title Map

7 KINGSWAY sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 7 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 7 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 7 KINGSWAY?

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