75, RIDGE WAY, PENWORTHAM, PRESTON, PR1 9XW - £187,500

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

75 RIDGE WAY is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £187,500 in December 2014, which was around 17% below the average December 2014 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

75 RIDGE WAY Sold Prices

Land registry data shows three sales for 75 RIDGE 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 75 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
2014 12 DEC	£187,500	£224,641	17% below HPI
2011 2 DEC	£175,000	£215,366	19% below HPI
2006 30 OCT	£197,000	£228,254	14% below HPI

75 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 three 75 RIDGE WAY sales between October 2006 and December 2014 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 December 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 75 RIDGE WAY?

75 RIDGE WAY is 78m² according to the EPC inspection conducted in March 2011. 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 75 RIDGE WAY lies on this distribution: 14% of detached houses are smaller than 75 RIDGE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

75 RIDGE WAY: Plot and Title Map

75 RIDGE WAY sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 75 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 75 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 75 RIDGE WAY?

75 RIDGE WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 75 on RIDGE WAY.