2, BANK CROFT, LONGTON, PRESTON, PR4 5AL - £336,000

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

2 BANK CROFT is a midsized extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £357,177. It was last sold for £336,000 in July 2023, which was around 10% above the average July 2023 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2018, where the current energy rating was F, and the potential energy rating was D.

2 BANK CROFT Sold Prices

Land registry data shows two sales for 2 BANK CROFT 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. One of the two 2 BANK CROFT sales was for above the average price, whilst the other was 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
2023 28 JUL	£336,000	£304,546	10% above HPI
2018 23 AUG	£210,000	£244,074	14% below HPI

2 BANK CROFT 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 2 BANK CROFT sales from August 2018 and July 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 August 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 BANK CROFT be worth now?

2 BANK CROFT might now be worth an estimated £357,177.

This is based on house price inflation of 6.3%, between July 2023 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 6.3% inflationary increase is applied to the most recent sale price for 2 BANK CROFT of £336,000 on 28th July 2023. For the value to have increased from £336,000 to £357,177 over the seven months to December 2024, the following assumptions must hold true:

• The value of 2 BANK CROFT has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The July 2023 sale price of £336,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BANK CROFT has not materially changed since July 2023.

How Large is 2 BANK CROFT?

2 BANK CROFT is 119m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% of detached houses houses in Longton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longton, and where 2 BANK CROFT lies on this distribution: 42% of detached houses houses are smaller than 2 BANK CROFT, and 57% of houses are larger. Note that EPC data is not available for all properties in Longton.

2 BANK CROFT: Plot and Title Map

2 BANK CROFT sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 2 BANK CROFT, 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 2 BANK CROFT). 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 2 BANK CROFT?

2 BANK CROFT is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 2 on BANK CROFT.