Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
156 THE RIDINGS is a small detached house of 113m². It was last sold for £321,000 in November 2022, which was around 13% above the average November 2022 detached price in the Preston local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 156 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 156 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 |
---|---|---|---|
2022 25 NOV | £321,000 | £283,072 | 13% above HPI |
2021 10 JUN | £295,995 | £248,299 | 19% 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 156 THE RIDINGS sales from June 2021 and November 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 2021 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.
156 THE RIDINGS is 113m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 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 156 THE RIDINGS lies on this distribution: 37% of detached houses are smaller than 156 THE RIDINGS, and 61% of houses are larger. Note that EPC data is not available for all properties in Longridge.
156 THE RIDINGS sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 156 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 156 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.
156 THE RIDINGS is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 156 on THE RIDINGS.