1, WATER MEADOWS, LONGRIDGE, PRESTON, PR3 3BY - £220,000

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 WATER MEADOWS is a very small detached house of 89m², which could now be worth an estimated £246,286. It was last sold for £220,000 in August 2021, which was around 42% below the average August 2021 detached price in the Ribble Valley local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

1 WATER MEADOWS Sold Prices

Land registry data shows three sales for 1 WATER MEADOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 1 WATER MEADOWS 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
2021 31 AUG	£220,000	£379,073	42% below HPI
2021 27 AUG	£220,000	£379,073	42% below HPI
2014 27 JUN	£229,995	£313,765	27% below HPI

1 WATER MEADOWS 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 three 1 WATER MEADOWS sales between June 2014 and August 2021 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 2021 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2021 sale, which was also at 42% below the HPI.

What might 1 WATER MEADOWS be worth now?

1 WATER MEADOWS might now be worth an estimated £246,286.

This is based on house price inflation of 11.9%, between August 2021 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 11.9% inflationary increase is applied to the most recent sale price for 1 WATER MEADOWS of £220,000 on 31st August 2021. For the value to have increased from £220,000 to £246,286 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 1 WATER MEADOWS has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The August 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WATER MEADOWS has not materially changed since August 2021.

How Large is 1 WATER MEADOWS?

1 WATER MEADOWS is 89m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longridge, and where 1 WATER MEADOWS lies on this distribution: 12% of detached houses houses are smaller than 1 WATER MEADOWS, and 87% of houses are larger. Note that EPC data is not available for all properties in Longridge.

1 WATER MEADOWS: Plot and Title Map

1 WATER MEADOWS sits on a plot of roughly 2.0 acres, or 8,295m². The below map shows the location of 1 WATER MEADOWS, 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 WATER MEADOWS). 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 WATER MEADOWS?

1 WATER MEADOWS is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 1 on WATER MEADOWS.