15, WELLFIELD ROAD, LOSTOCK HALL, PRESTON, PR5 5LQ - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 WELLFIELD ROAD is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £175,000 in April 2024, which was around 41% below the average April 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

15 WELLFIELD ROAD Sold Prices

Land registry data shows three sales for 15 WELLFIELD 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 South Ribble local authority area for the corresponding sale date. All of the three 15 WELLFIELD 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
2024 22 APR	£175,000	£295,165	41% below HPI
2000 8 JUN	£82,995	£94,976	13% below HPI
1997 31 OCT	£69,950	£83,942	17% below HPI

15 WELLFIELD ROAD 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 15 WELLFIELD ROAD sales between October 1997 and April 2024 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 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 15 WELLFIELD ROAD be worth now?

15 WELLFIELD ROAD might now be worth an estimated £191,942.

This is based on house price inflation of 9.7%, between April 2024 and December 2024, 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 9.7% inflationary increase is applied to the most recent sale price for 15 WELLFIELD ROAD of £175,000 on 22nd April 2024. For the value to have increased from £175,000 to £191,942 over the four months to December 2024, the following assumptions must hold true:

• The value of 15 WELLFIELD ROAD has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The April 2024 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WELLFIELD ROAD has not materially changed since April 2024.

How Large is 15 WELLFIELD ROAD?

15 WELLFIELD ROAD is 70m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where 15 WELLFIELD ROAD lies on this distribution: 8% of detached houses houses are smaller than 15 WELLFIELD ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

15 WELLFIELD ROAD: Plot and Title Map

15 WELLFIELD ROAD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 15 WELLFIELD 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 15 WELLFIELD 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 15 WELLFIELD ROAD?

15 WELLFIELD ROAD is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 15 on WELLFIELD ROAD.