2, RIBBLESWOOD CHASE, COTTAM, PRESTON, PR4 0FN - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RIBBLESWOOD CHASE is a large detached house of 135m², which could now be worth an estimated £400,402. It was last sold for £380,000 in November 2023, which was around 22% above the average November 2023 detached price in the Preston local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

2 RIBBLESWOOD CHASE Sold Prices

Land registry data shows two sales for 2 RIBBLESWOOD CHASE since 1^st 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 2 RIBBLESWOOD CHASE 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
2023 24 NOV	£380,000	£311,824	22% above HPI
2020 14 JAN	£375,495	£247,887	51% above HPI

2 RIBBLESWOOD CHASE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 2 RIBBLESWOOD CHASE sales from January 2020 and November 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 January 2020 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2023 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 2 RIBBLESWOOD CHASE be worth now?

2 RIBBLESWOOD CHASE might now be worth an estimated £400,402.

This is based on house price inflation of 5.4%, between November 2023 and February 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.4% inflationary increase is applied to the most recent sale price for 2 RIBBLESWOOD CHASE of £380,000 on 24th November 2023. For the value to have increased from £380,000 to £400,402 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 RIBBLESWOOD CHASE has moved in line with the HPI for detached houses in the Preston local authority area.
• The November 2023 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIBBLESWOOD CHASE has not materially changed since November 2023.

How Large is 2 RIBBLESWOOD CHASE?

2 RIBBLESWOOD CHASE is 135m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottam, and where 2 RIBBLESWOOD CHASE lies on this distribution: 75% of detached houses houses are smaller than 2 RIBBLESWOOD CHASE, and 23% of houses are larger. Note that EPC data is not available for all properties in Cottam.

2 RIBBLESWOOD CHASE: Plot and Title Map

2 RIBBLESWOOD CHASE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 2 RIBBLESWOOD CHASE, 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 RIBBLESWOOD CHASE). 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 RIBBLESWOOD CHASE?

2 RIBBLESWOOD CHASE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 2 on RIBBLESWOOD CHASE.