121, THE RIDINGS, LONGRIDGE, PRESTON, PR3 2BZ - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

121 THE RIDINGS is a small detached house of 113m². It was last sold for £310,000 in July 2022, which was around 14% above the average July 2022 detached price in the Preston local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was B.

121 THE RIDINGS Sold Prices

Land registry data shows two sales for 121 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 121 THE RIDINGS 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
2022 11 JUL	£310,000	£272,680	14% above HPI
2021 30 JUL	£293,995	£250,520	17% above HPI

121 THE RIDINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 121 THE RIDINGS sales from July 2021 and July 2022 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 July 2021 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 121 THE RIDINGS?

121 THE RIDINGS is 113m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where 121 THE RIDINGS lies on this distribution: 37% of detached houses are smaller than 121 THE RIDINGS, and 61% of houses are larger. Note that EPC data is not available for all properties in Longridge.

121 THE RIDINGS: Plot and Title Map

121 THE RIDINGS sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 121 THE RIDINGS, 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 121 THE RIDINGS). 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 121 THE RIDINGS?

121 THE RIDINGS is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 121 on THE RIDINGS.