41, FARFIELD, PENWORTHAM, PRESTON, PR1 9YQ - £247,000

41 FARFIELD is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £247,000 in May 2021, which was around 8% below the average May 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

41 FARFIELD Sold Prices

Land registry data shows three sales for 41 FARFIELD 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. All of the three 41 FARFIELD sales were 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 14 MAY	£247,000	£267,307	8% below HPI
2020 6 MAR	£165,000	£257,493	36% below HPI
2019 31 OCT	£168,000	£251,146	33% below HPI

41 FARFIELD 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 41 FARFIELD sales between October 2019 and May 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 March 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 41 FARFIELD?

41 FARFIELD is 90m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 41 FARFIELD lies on this distribution: 27% of detached houses are smaller than 41 FARFIELD, and 72% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

41 FARFIELD: Plot and Title Map

41 FARFIELD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 41 FARFIELD, 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 41 FARFIELD). 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 41 FARFIELD?

41 FARFIELD is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 41 on FARFIELD.