11, CEDAR WAY, PENWORTHAM, PRESTON, PR1 0PE - £233,000

11 CEDAR WAY is a small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £233,000 in June 2018, which was around 7% below the average June 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

11 CEDAR WAY Sold Prices

Land registry data shows three sales for 11 CEDAR 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 11 CEDAR 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
2018 22 JUN	£233,000	£249,490	7% below HPI
2000 14 JUL	£81,000	£99,642	19% below HPI
1998 26 JUN	£72,000	£89,224	19% below HPI

11 CEDAR 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 11 CEDAR WAY sales between June 1998 and June 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 July 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 11 CEDAR WAY?

11 CEDAR WAY is 87m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 11 CEDAR WAY lies on this distribution: 24% of detached houses are smaller than 11 CEDAR WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

11 CEDAR WAY: Plot and Title Map

11 CEDAR WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 11 CEDAR 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 11 CEDAR 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 11 CEDAR WAY?

11 CEDAR WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 11 on CEDAR WAY.