18, FORMBY CRESCENT, LONGTON, PRESTON, PR4 5YN - £290,000

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

18 FORMBY CRESCENT is a small extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £290,000 in August 2016, which was around 21% above the average August 2016 detached price in the South Ribble local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

18 FORMBY CRESCENT Sold Prices

Land registry data shows two sales for 18 FORMBY CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Both of the two 18 FORMBY CRESCENT 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
2016 23 AUG	£290,000	£238,805	21% above HPI
1998 30 OCT	£127,950	£92,683	38% above HPI

18 FORMBY CRESCENT 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 two 18 FORMBY CRESCENT sales from October 1998 and August 2016 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 1998 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2016 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 18 FORMBY CRESCENT?

18 FORMBY CRESCENT is 113m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 18 FORMBY CRESCENT lies on this distribution: 37% of detached houses are smaller than 18 FORMBY CRESCENT, and 63% of houses are larger. Note that EPC data is not available for all properties in Longton.

18 FORMBY CRESCENT: Plot and Title Map

18 FORMBY CRESCENT sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 18 FORMBY CRESCENT, 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 18 FORMBY CRESCENT). 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 18 FORMBY CRESCENT?

18 FORMBY CRESCENT is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 18 on FORMBY CRESCENT.