41, RIDGE WAY, PENWORTHAM, PRESTON, PR1 9XW - £209,950

41 RIDGE WAY is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £209,950 in November 2019, which was around 16% below the average November 2019 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

41 RIDGE WAY Sold Prices

Land registry data shows three sales for 41 RIDGE 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. All of the three 41 RIDGE WAY 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
2019 29 NOV	£209,950	£250,345	16% below HPI
2012 25 OCT	£145,000	£208,762	31% below HPI
1996 29 FEB	£73,000	£79,253	8% below HPI

41 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 three 41 RIDGE WAY sales between February 1996 and November 2019 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 October 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 41 RIDGE WAY?

41 RIDGE WAY is 79m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% 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 RIDGE WAY lies on this distribution: 15% of detached houses are smaller than 41 RIDGE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

41 RIDGE WAY: Plot and Title Map

41 RIDGE WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 41 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 41 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 41 RIDGE WAY?

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