20, GREENWAY, PENWORTHAM, PRESTON, PR1 0TD - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 GREENWAY is a small extended detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £369,501. It was last sold for £320,000 in September 2021, which was around 14% above the average September 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

20 GREENWAY Sold Prices

Land registry data shows two sales for 20 GREENWAY 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 20 GREENWAY 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 29 SEP	£320,000	£280,490	14% above HPI
2020 14 AUG	£205,000	£257,145	20% below HPI

20 GREENWAY 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 20 GREENWAY sales from August 2020 and September 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 August 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 20 GREENWAY be worth now?

20 GREENWAY might now be worth an estimated £369,501.

This is based on house price inflation of 15.5%, between September 2021 and February 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 20 GREENWAY of £320,000 on 29th September 2021. For the value to have increased from £320,000 to £369,501 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 20 GREENWAY has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The September 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 20 GREENWAY has not materially changed since September 2021.

How Large is 20 GREENWAY?

20 GREENWAY is 87m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penwortham, and where 20 GREENWAY lies on this distribution: 23% of detached houses houses are smaller than 20 GREENWAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

20 GREENWAY: Plot and Title Map

20 GREENWAY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 20 GREENWAY, 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 20 GREENWAY). 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 20 GREENWAY?

20 GREENWAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 20 on GREENWAY.