2, SOUTHFIELD, MUCH HOOLE, PRESTON, PR4 4HB - £259,000

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 SOUTHFIELD is a very small extended detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £269,450. It was last sold for £259,000 in September 2024, which was around 17% below the average September 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

2 SOUTHFIELD Sold Prices

Land registry data shows four sales for 2 SOUTHFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the four 2 SOUTHFIELD sales were 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
2024 16 SEP	£259,000	£311,318	17% below HPI
2023 30 NOV	£166,000	£302,207	45% below HPI
2023 15 SEP	£141,000	£306,012	54% below HPI
2021 6 SEP	£175,000	£280,490	38% below HPI

2 SOUTHFIELD 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 four 2 SOUTHFIELD sales between September 2021 and September 2024 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 November 2023 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 SOUTHFIELD be worth now?

2 SOUTHFIELD might now be worth an estimated £269,450.

This is based on house price inflation of 4%, between September 2024 and February 2025, 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 4% inflationary increase is applied to the most recent sale price for 2 SOUTHFIELD of £259,000 on 16th September 2024. For the value to have increased from £259,000 to £269,450 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 2 SOUTHFIELD has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The September 2024 sale price of £259,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHFIELD has not materially changed since September 2024.

How Large is 2 SOUTHFIELD?

2 SOUTHFIELD is 90m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses houses in Much Hoole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Much Hoole, and where 2 SOUTHFIELD lies on this distribution: 17% of detached houses houses are smaller than 2 SOUTHFIELD, and 82% of houses are larger. Note that EPC data is not available for all properties in Much Hoole.

2 SOUTHFIELD: Plot and Title Map

2 SOUTHFIELD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 SOUTHFIELD, 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 SOUTHFIELD). 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 SOUTHFIELD?

2 SOUTHFIELD is located in MUCH HOOLE, in the PR4 postcode district. The below map shows the position of No. 2 on SOUTHFIELD.