2, THE GREEN, RIBBLETON, PRESTON, PR2 6QF - £63,000

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 THE GREEN is a midsized detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £185,245. It was last sold for £63,000 in July 2001, which was around 43% below the average July 2001 detached price in the Preston local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

2 THE GREEN Sold Prices

Land registry data shows two sales for 2 THE GREEN 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 THE GREEN 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
2001 20 JUL	£63,000	£110,659	43% below HPI
1996 5 AUG	£46,000	£84,694	46% below HPI

2 THE GREEN 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 THE GREEN sales from August 1996 and July 2001 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 1996 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2001 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 2 THE GREEN be worth now?

2 THE GREEN might now be worth an estimated £185,245.

This is based on house price inflation of 194%, between July 2001 and December 2024, 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 194% inflationary increase is applied to the most recent sale price for 2 THE GREEN of £63,000 on 20th July 2001. For the value to have increased from £63,000 to £185,245 over the 22 years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 THE GREEN has moved in line with the HPI for detached houses in the Preston local authority area.
• The July 2001 sale price of £63,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE GREEN has not materially changed since July 2001.

How Large is 2 THE GREEN?

2 THE GREEN is 113m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 2 THE GREEN lies on this distribution: 59% of detached houses houses are smaller than 2 THE GREEN, and 40% of houses are larger. Note that EPC data is not available for all properties in Preston.

2 THE GREEN: Plot and Title Map

2 THE GREEN sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2 THE GREEN, 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 THE GREEN). 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 THE GREEN?

2 THE GREEN is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 2 on THE GREEN.