18, CEDAR WAY, PENWORTHAM, PRESTON, PR1 0PE - £238,750

18 CEDAR WAY is a small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £238,750 in July 2019, which was around 5% below the average July 2019 detached price in the South Ribble local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

18 CEDAR WAY Sold Prices

Land registry data shows two sales for 18 CEDAR WAY 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 18 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
2019 15 JUL	£238,750	£251,530	5% below HPI
2008 1 MAY	£190,000	£237,063	20% below HPI

18 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 two 18 CEDAR WAY sales from May 2008 and July 2019 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 May 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 18 CEDAR WAY?

18 CEDAR WAY is 87m², which includes one extension, according to the EPC inspection conducted in April 2019. 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 18 CEDAR WAY lies on this distribution: 23% of detached houses are smaller than 18 CEDAR WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

18 CEDAR WAY: Plot and Title Map

18 CEDAR WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 18 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 18 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 18 CEDAR WAY?

18 CEDAR WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 18 on CEDAR WAY.