22, CEDAR WAY, PENWORTHAM, PRESTON, PR1 0PE - £375,000

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.

22 CEDAR WAY is a small detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £383,662. It was last sold for £375,000 in October 2024, which was around 18% above the average October 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

22 CEDAR WAY Sold Prices

Land registry data shows three sales for 22 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. Two of the three 22 CEDAR WAY sales were for above the average price, whilst one 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
2024 18 OCT	£375,000	£316,567	18% above HPI
2021 23 MAR	£310,000	£257,697	20% above HPI
2006 13 APR	£199,950	£213,016	6% below HPI

22 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 22 CEDAR WAY sales between April 2006 and October 2024 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 2021 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2024 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 22 CEDAR WAY be worth now?

22 CEDAR WAY might now be worth an estimated £383,662.

This is based on house price inflation of 2.3%, between October 2024 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 2.3% inflationary increase is applied to the most recent sale price for 22 CEDAR WAY of £375,000 on 18th October 2024. For the value to have increased from £375,000 to £383,662 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 22 CEDAR WAY has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The October 2024 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CEDAR WAY has not materially changed since October 2024.

How Large is 22 CEDAR WAY?

22 CEDAR WAY is 89m² according to the EPC inspection conducted in February 2010. 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 22 CEDAR WAY lies on this distribution: 26% of detached houses houses are smaller than 22 CEDAR WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

22 CEDAR WAY: Plot and Title Map

22 CEDAR WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 22 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 22 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 22 CEDAR WAY?

22 CEDAR WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 22 on CEDAR WAY.