1, RIVERMEAD COURT, GARSTANG, PRESTON, PR3 1LS - £275,000

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 RIVERMEAD COURT is a small detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £364,258. It was last sold for £275,000 in April 2018, which was around 17% above the average April 2018 detached price in the Wyre local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 RIVERMEAD COURT Sold Prices

Land registry data shows four sales for 1 RIVERMEAD COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the four 1 RIVERMEAD COURT 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
2018 13 APR	£275,000	£234,082	17% above HPI
2016 9 AUG	£280,000	£223,163	25% above HPI
2004 14 OCT	£269,000	£208,724	29% above HPI
2000 25 FEB	£119,000	£97,844	22% above HPI

1 RIVERMEAD COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The four 1 RIVERMEAD COURT sales between February 2000 and April 2018 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 August 2016 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1 RIVERMEAD COURT be worth now?

1 RIVERMEAD COURT might now be worth an estimated £364,258.

This is based on house price inflation of 32.5%, between April 2018 and February 2025, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.5% inflationary increase is applied to the most recent sale price for 1 RIVERMEAD COURT of £275,000 on 13th April 2018. For the value to have increased from £275,000 to £364,258 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 1 RIVERMEAD COURT has moved in line with the HPI for detached houses in the Wyre local authority area.
• The April 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RIVERMEAD COURT has not materially changed since April 2018.

How Large is 1 RIVERMEAD COURT?

1 RIVERMEAD COURT is 95m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses houses by size in Garstang, and where 1 RIVERMEAD COURT lies on this distribution: 28% of detached houses houses are smaller than 1 RIVERMEAD COURT, and 71% of houses are larger. Note that EPC data is not available for all properties in Garstang.

1 RIVERMEAD COURT: Plot and Title Map

1 RIVERMEAD COURT sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 1 RIVERMEAD COURT, 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 RIVERMEAD COURT). 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 RIVERMEAD COURT?

1 RIVERMEAD COURT is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 1 on RIVERMEAD COURT.