14, THE GREEN, RIBBLETON, PRESTON, PR2 6QF - £145,000

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 THE GREEN is a small detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £186,358. It was last sold for £145,000 in August 2019, which was around 42% below the average August 2019 detached price in the Preston local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

14 THE GREEN Sold Prices

Land registry data shows four sales for 14 THE GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 14 THE GREEN 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
2019 12 AUG	£145,000	£251,971	42% below HPI
2010 9 JUL	£140,000	£238,146	41% below HPI
2006 6 MAR	£142,500	£224,569	37% below HPI
2002 22 JUL	£75,950	£127,810	41% below HPI

14 THE GREEN 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 four 14 THE GREEN sales between July 2002 and August 2019 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 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 14 THE GREEN be worth now?

14 THE GREEN might now be worth an estimated £186,358.

This is based on house price inflation of 28.5%, between August 2019 and March 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.5% inflationary increase is applied to the most recent sale price for 14 THE GREEN of £145,000 on 12th August 2019. For the value to have increased from £145,000 to £186,358 over the six years and five months to March 2025, the following assumptions must hold true:

• The value of 14 THE GREEN has moved in line with the HPI for detached houses in the Preston local authority area.
• The August 2019 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE GREEN has not materially changed since August 2019.

How Large is 14 THE GREEN?

14 THE GREEN is 90m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 14 THE GREEN lies on this distribution: 32% of detached houses houses are smaller than 14 THE GREEN, and 67% of houses are larger. Note that EPC data is not available for all properties in Preston.

14 THE GREEN: Plot and Title Map

14 THE GREEN sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 14 THE GREEN, 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 THE GREEN). 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 THE GREEN?

14 THE GREEN is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 14 on THE GREEN.