PRIORY LODGE, ABBEY WALK, PENWORTHAM, PRESTON, PR1 9BE - £360,000

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

PRIORY LODGE is a very large detached house of 163m², built sometime between 1976 and 1982. It was last sold for £360,000 in September 2018, which was around 42% above the average September 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

PRIORY LODGE Sold Prices

Land registry data shows two sales for PRIORY LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Both of the two PRIORY LODGE 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
2018 7 SEP	£360,000	£253,783	42% above HPI
2016 24 MAR	£302,000	£229,949	31% above HPI

PRIORY LODGE 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 two PRIORY LODGE sales from March 2016 and September 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 March 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2018 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is PRIORY LODGE?

PRIORY LODGE is 163m² according to the EPC inspection conducted in October 2013. This puts it in the largest 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 PRIORY LODGE lies on this distribution: 86% of detached houses are smaller than PRIORY LODGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

PRIORY LODGE: Plot and Title Map

PRIORY LODGE sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of PRIORY LODGE, 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 PRIORY LODGE). 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 PRIORY LODGE?

PRIORY LODGE is located on ABBEY WALK in PENWORTHAM, in the PR1 postcode district. The below map shows the position of PRIORY LODGE on ABBEY WALK.