8, CORNCROFT, PENWORTHAM, PRESTON, PR1 9YP - £200,000

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.

8 CORNCROFT is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £249,452. It was last sold for £200,000 in October 2020, which was around 23% below the average October 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

8 CORNCROFT Sold Prices

Land registry data shows two sales for 8 CORNCROFT 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 8 CORNCROFT 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
2020 30 OCT	£200,000	£259,672	23% below HPI
2013 28 MAR	£160,000	£205,425	22% below HPI

8 CORNCROFT 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 8 CORNCROFT sales from March 2013 and October 2020 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 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 CORNCROFT be worth now?

8 CORNCROFT might now be worth an estimated £249,452.

This is based on house price inflation of 24.7%, between October 2020 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 24.7% inflationary increase is applied to the most recent sale price for 8 CORNCROFT of £200,000 on 30th October 2020. For the value to have increased from £200,000 to £249,452 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 CORNCROFT has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The October 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CORNCROFT has not materially changed since October 2020.

How Large is 8 CORNCROFT?

8 CORNCROFT is 74m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% 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 8 CORNCROFT lies on this distribution: 11% of detached houses houses are smaller than 8 CORNCROFT, and 89% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

8 CORNCROFT: Plot and Title Map

8 CORNCROFT sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 8 CORNCROFT, 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 8 CORNCROFT). 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 8 CORNCROFT?

8 CORNCROFT is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 8 on CORNCROFT.