14, RHODESWAY, HOGHTON, PRESTON, PR5 0JY - £230,000

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.

14 RHODESWAY is a very small detached house of 53m², built sometime between 1930 and 1949, which could now be worth an estimated £263,997. It was last sold for £230,000 in February 2022, which was around 18% below the average February 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

14 RHODESWAY Sold Prices

Land registry data shows three sales for 14 RHODESWAY 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. Two of the three 14 RHODESWAY sales were for below the average price, whilst one was 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 4 FEB	£230,000	£282,170	18% below HPI
2003 13 JUN	£154,000	£151,622	2% above HPI
2002 10 MAY	£84,000	£116,258	28% below HPI

14 RHODESWAY 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 14 RHODESWAY sales between May 2002 and February 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 June 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 14 RHODESWAY be worth now?

14 RHODESWAY might now be worth an estimated £263,997.

This is based on house price inflation of 14.8%, between February 2022 and February 2025, 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 14.8% inflationary increase is applied to the most recent sale price for 14 RHODESWAY of £230,000 on 4th February 2022. For the value to have increased from £230,000 to £263,997 over the three years to February 2025, the following assumptions must hold true:

• The value of 14 RHODESWAY has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The February 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RHODESWAY has not materially changed since February 2022.

How Large is 14 RHODESWAY?

14 RHODESWAY is 53m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses houses in Gregson Lane, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gregson Lane, and where 14 RHODESWAY lies on this distribution: Less than 1% of detached houses houses are smaller than 14 RHODESWAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gregson Lane.

14 RHODESWAY: Plot and Title Map

14 RHODESWAY sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 14 RHODESWAY, 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 14 RHODESWAY). 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 14 RHODESWAY?

14 RHODESWAY is located in HOGHTON, in the PR5 postcode district. The below map shows the position of No. 14 on RHODESWAY.