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
144 THE RIDINGS is a large detached house of 136m², built in 2021. It was last sold for £380,000 in May 2023, which was around 39% above the average May 2023 detached price in the Preston local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 144 THE RIDINGS since 1st 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 144 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 |
---|---|---|---|
2023 19 MAY | £380,000 | £273,791 | 39% above HPI |
2021 31 MAR | £353,995 | £251,085 | 41% above HPI |
The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 144 THE RIDINGS sales from March 2021 and May 2023 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 March 2021 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2023 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.
144 THE RIDINGS is 136m² according to the EPC inspection conducted in March 2021. This puts it in the largest 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 144 THE RIDINGS lies on this distribution: 66% of detached houses are smaller than 144 THE RIDINGS, and 32% of houses are larger. Note that EPC data is not available for all properties in Longridge.
144 THE RIDINGS sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 144 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 144 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.
144 THE RIDINGS is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 144 on THE RIDINGS.