2, WESTFIELD, LOSTOCK HALL, PRESTON, PR5 5LB - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 WESTFIELD is a small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £215,000 in June 2022, which was around 29% below the average June 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

2 WESTFIELD Sold Prices

Land registry data shows two sales for 2 WESTFIELD 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. Both of the two 2 WESTFIELD 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
2022 27 JUN	£215,000	£302,533	29% below HPI
2017 15 DEC	£168,950	£246,151	31% below HPI

2 WESTFIELD 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 WESTFIELD sales from December 2017 and June 2022 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 December 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 WESTFIELD?

2 WESTFIELD is 81m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bamber Bridge, and where 2 WESTFIELD lies on this distribution: 20% of detached houses are smaller than 2 WESTFIELD, and 78% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

2 WESTFIELD: Plot and Title Map

2 WESTFIELD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 2 WESTFIELD, 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 WESTFIELD). 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 WESTFIELD?

2 WESTFIELD is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 2 on WESTFIELD.