74, PENROSE AVENUE, BLACKPOOL, FY4 4JT - £156,000

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

74 PENROSE AVENUE is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £156,000 in December 2022, which was around 31% below the average December 2022 detached price in the Blackpool local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

74 PENROSE AVENUE Sold Prices

Land registry data shows four sales for 74 PENROSE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. All of the four 74 PENROSE AVENUE 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
2022 19 DEC	£156,000	£226,147	31% below HPI
2008 8 FEB	£135,000	£191,667	30% below HPI
2003 31 JAN	£80,000	£116,767	31% below HPI
2001 22 JUN	£26,600	£87,429	70% below HPI

74 PENROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blackpool local authority area over time, sourced from the HPI. The four 74 PENROSE AVENUE sales between June 2001 and December 2022 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 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 74 PENROSE AVENUE?

74 PENROSE AVENUE is 77m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 74 PENROSE AVENUE lies on this distribution: 11% of detached houses are smaller than 74 PENROSE AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

74 PENROSE AVENUE: Plot and Title Map

74 PENROSE AVENUE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 74 PENROSE AVENUE, 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 74 PENROSE AVENUE). 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 74 PENROSE AVENUE?

74 PENROSE AVENUE is located in BLACKPOOL, in the FY4 postcode district. The below map shows the position of No. 74 on PENROSE AVENUE.