1, BROOKLANDS, CHIPPING, PRESTON, PR3 2QU - £265,000

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.

1 BROOKLANDS is a small extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £318,456. It was last sold for £265,000 in September 2019, which was around 25% below the average September 2019 detached price in the Ribble Valley local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

1 BROOKLANDS Sold Prices

Land registry data shows five sales for 1 BROOKLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Most of the five 1 BROOKLANDS 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
2019 30 SEP	£265,000	£353,131	25% below HPI
2019 28 JUN	£200,000	£349,717	43% below HPI
2009 6 AUG	£355,000	£292,618	21% above HPI
2002 10 DEC	£218,000	£181,523	20% above HPI
1999 5 MAR	£150,000	£117,947	27% above HPI

1 BROOKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The five 1 BROOKLANDS sales between March 1999 and September 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 June 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 BROOKLANDS be worth now?

1 BROOKLANDS might now be worth an estimated £318,456.

This is based on house price inflation of 20.2%, between September 2019 and February 2025, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for 1 BROOKLANDS of £265,000 on 30th September 2019. For the value to have increased from £265,000 to £318,456 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 BROOKLANDS has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The September 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BROOKLANDS has not materially changed since September 2019.

How Large is 1 BROOKLANDS?

1 BROOKLANDS is 117m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses houses in Chipping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipping, and where 1 BROOKLANDS lies on this distribution: 20% of detached houses houses are smaller than 1 BROOKLANDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Chipping.

1 BROOKLANDS: Plot and Title Map

1 BROOKLANDS sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 1 BROOKLANDS, 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 1 BROOKLANDS). 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 1 BROOKLANDS?

1 BROOKLANDS is located in CHIPPING, in the PR3 postcode district. The below map shows the position of No. 1 on BROOKLANDS.