1, WARD STREET, LOSTOCK HALL, PRESTON, PR5 5HR - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 WARD STREET is a very small detached house of 60m², built sometime before 1900, which could now be worth an estimated £325,889. It was last sold for £240,000 in November 2007, which was around 1% above the average November 2007 detached price in the South Ribble local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

1 WARD STREET Sold Prices

Land registry data shows three sales for 1 WARD STREET 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. One of the three 1 WARD STREET sales was for above the average price, whilst two 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
2007 28 NOV	£240,000	£238,418	1% above HPI
2000 23 JUN	£60,000	£94,976	37% below HPI
1996 25 NOV	£65,000	£79,839	19% below HPI

1 WARD STREET 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 1 WARD STREET sales between November 1996 and November 2007 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 2000 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2007 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 1 WARD STREET be worth now?

1 WARD STREET might now be worth an estimated £325,889.

This is based on house price inflation of 35.8%, between November 2007 and December 2024, 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 35.8% inflationary increase is applied to the most recent sale price for 1 WARD STREET of £240,000 on 28th November 2007. For the value to have increased from £240,000 to £325,889 over the sixteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 WARD STREET has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The November 2007 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WARD STREET has not materially changed since November 2007.

How Large is 1 WARD STREET?

1 WARD STREET is 60m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where 1 WARD STREET lies on this distribution: 4% of detached houses houses are smaller than 1 WARD STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

1 WARD STREET: Plot and Title Map

1 WARD STREET sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 1 WARD STREET, 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 WARD STREET). 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 WARD STREET?

1 WARD STREET is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 1 on WARD STREET.