18, RIVERMEAD DRIVE, GARSTANG, PRESTON, PR3 1JJ - £450,000

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

18 RIVERMEAD DRIVE is a large detached house of 149m², built sometime between 1950 and 1966. It was last sold for £450,000 in March 2018, which was around 92% above the average March 2018 detached price in the Wyre local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

18 RIVERMEAD DRIVE Sold Prices

Land registry data shows two sales for 18 RIVERMEAD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two 18 RIVERMEAD DRIVE 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
2018 5 MAR	£450,000	£234,842	92% above HPI
1999 2 SEP	£136,000	£93,729	45% above HPI

18 RIVERMEAD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two 18 RIVERMEAD DRIVE sales from September 1999 and March 2018 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 September 1999 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the March 2018 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might 18 RIVERMEAD DRIVE be worth now?

18 RIVERMEAD DRIVE might now be worth an estimated £576,068.

This is based on house price inflation of 28%, between March 2018 and December 2024, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for 18 RIVERMEAD DRIVE of £450,000 on 5th March 2018. For the value to have increased from £450,000 to £576,068 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 18 RIVERMEAD DRIVE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The March 2018 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 18 RIVERMEAD DRIVE has not materially changed since March 2018.

How Large is 18 RIVERMEAD DRIVE?

18 RIVERMEAD DRIVE is 149m² according to the EPC inspection conducted in October 2017. This puts it in the largest 30% of detached houses houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses houses by size in Garstang, and where 18 RIVERMEAD DRIVE lies on this distribution: 76% of detached houses houses are smaller than 18 RIVERMEAD DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Garstang.

18 RIVERMEAD DRIVE: Plot and Title Map

18 RIVERMEAD DRIVE sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of 18 RIVERMEAD DRIVE, 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 RIVERMEAD DRIVE). 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 RIVERMEAD DRIVE?

18 RIVERMEAD DRIVE is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 18 on RIVERMEAD DRIVE.