24, NEW LANE, PENWORTHAM, PRESTON, PR1 9JJ - £380,000

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.

24 NEW LANE is a very large extended detached house of 246m², built sometime between 1900 and 1929, which could now be worth an estimated £390,385. It was last sold for £380,000 in August 2024, which was around 23% above the average August 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

24 NEW LANE Sold Prices

Land registry data shows two sales for 24 NEW LANE 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 24 NEW LANE sales were for above 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 13 AUG	£380,000	£309,073	23% above HPI
2014 29 MAY	£250,000	£212,536	18% above HPI

24 NEW LANE 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 24 NEW LANE sales from May 2014 and August 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 May 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 24 NEW LANE be worth now?

24 NEW LANE might now be worth an estimated £390,385.

This is based on house price inflation of 2.7%, between August 2024 and June 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 2.7% inflationary increase is applied to the most recent sale price for 24 NEW LANE of £380,000 on 13th August 2024. For the value to have increased from £380,000 to £390,385 over the one year and two months to June 2025, the following assumptions must hold true:

• The value of 24 NEW LANE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The August 2024 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 24 NEW LANE has not materially changed since August 2024.

How Large is 24 NEW LANE?

24 NEW LANE is 246m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% 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 24 NEW LANE lies on this distribution: 98% of detached houses houses are smaller than 24 NEW LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

24 NEW LANE: Plot and Title Map

24 NEW LANE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 24 NEW LANE, 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 24 NEW LANE). 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 24 NEW LANE?

24 NEW LANE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 24 on NEW LANE.