14, SPRINGS ROAD, LONGRIDGE, PRESTON, PR3 3TE - £390,000

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 SPRINGS ROAD is a small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £402,687. It was last sold for £390,000 in October 2022, which was around 5% below the average October 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

14 SPRINGS ROAD Sold Prices

Land registry data shows three sales for 14 SPRINGS ROAD 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 14 SPRINGS ROAD 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
2022 14 OCT	£390,000	£410,995	5% below HPI
2019 15 OCT	£290,000	£353,448	18% below HPI
2017 9 NOV	£280,000	£346,323	19% below HPI

14 SPRINGS ROAD 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 14 SPRINGS ROAD sales between November 2017 and October 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 October 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 14 SPRINGS ROAD be worth now?

14 SPRINGS ROAD might now be worth an estimated £402,687.

This is based on house price inflation of 3.3%, between October 2022 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 3.3% inflationary increase is applied to the most recent sale price for 14 SPRINGS ROAD of £390,000 on 14th October 2022. For the value to have increased from £390,000 to £402,687 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 SPRINGS ROAD has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The October 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SPRINGS ROAD has not materially changed since October 2022.

How Large is 14 SPRINGS ROAD?

14 SPRINGS ROAD is 100m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% 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 14 SPRINGS ROAD lies on this distribution: 21% of detached houses houses are smaller than 14 SPRINGS ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Longridge.

14 SPRINGS ROAD: Plot and Title Map

14 SPRINGS ROAD sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 14 SPRINGS ROAD, 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 SPRINGS ROAD). 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 SPRINGS ROAD?

14 SPRINGS ROAD is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 14 on SPRINGS ROAD.