2, CEDAR WAY, PENWORTHAM, PRESTON, PR1 0PE - £290,000

2 CEDAR WAY is a large extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £290,000 in June 2021, which was around 3% above the average June 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

2 CEDAR WAY Sold Prices

Land registry data shows two sales for 2 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. One of the two 2 CEDAR WAY sales was for above the average price, whilst the other was 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
2021 25 JUN	£290,000	£281,761	3% above HPI
2004 6 JUL	£187,000	£196,544	5% below HPI

2 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 2 CEDAR WAY sales from July 2004 and June 2021 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 CEDAR WAY?

2 CEDAR WAY is 124m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 2 CEDAR WAY lies on this distribution: 62% of detached houses are smaller than 2 CEDAR WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

2 CEDAR WAY: Plot and Title Map

2 CEDAR WAY sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2 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 2 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 2 CEDAR WAY?

2 CEDAR WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 2 on CEDAR WAY.