RIVERSMEADE, TOLSEY DRIVE, HUTTON, PRESTON, PR4 5SH - £370,000

RIVERSMEADE is a small detached house of 109m², built sometime between 1930 and 1949. It was last sold for £370,000 in August 2020, which was around 40% above the average August 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

RIVERSMEADE Sold Prices

Land registry data shows two sales for RIVERSMEADE 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 RIVERSMEADE 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
2020 13 AUG	£370,000	£264,595	40% above HPI
1995 9 OCT	£104,000	£79,602	31% above HPI

RIVERSMEADE 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 RIVERSMEADE sales from October 1995 and August 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 October 1995 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2020 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is RIVERSMEADE?

RIVERSMEADE is 109m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Hutton, based on EPC data. The below chart shows the distribution of detached houses by size in Hutton, and where RIVERSMEADE lies on this distribution: 28% of detached houses are smaller than RIVERSMEADE, and 71% of houses are larger. Note that EPC data is not available for all properties in Hutton.

RIVERSMEADE: Plot and Title Map

RIVERSMEADE sits on a plot of roughly 0.233 of an acre, or 941m². The below map shows the location of RIVERSMEADE, 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 RIVERSMEADE). 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 RIVERSMEADE?

RIVERSMEADE is located on TOLSEY DRIVE in HUTTON, in the PR4 postcode district. The below map shows the position of RIVERSMEADE on TOLSEY DRIVE.