36, RIDGE WAY, PENWORTHAM, PRESTON, PR1 9XW - £295,000

36 RIDGE WAY is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £295,000 in March 2021, which was around 11% above the average March 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

36 RIDGE WAY Sold Prices

Land registry data shows two sales for 36 RIDGE 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 36 RIDGE 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 19 MAR	£295,000	£265,162	11% above HPI
2013 31 JUL	£200,000	£212,752	6% below HPI

36 RIDGE 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 36 RIDGE WAY sales from July 2013 and March 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 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 36 RIDGE WAY?

36 RIDGE WAY is 117m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 36 RIDGE WAY lies on this distribution: 54% of detached houses are smaller than 36 RIDGE WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

36 RIDGE WAY: Plot and Title Map

36 RIDGE WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 36 RIDGE 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 36 RIDGE 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 36 RIDGE WAY?

36 RIDGE WAY is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 36 on RIDGE WAY.