28, RIVERMEAD DRIVE, GARSTANG, PRESTON, PR3 1JJ - £239,950

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

28 RIVERMEAD DRIVE is a very small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £239,950 in December 2012, which was around 15% above the average December 2012 detached price in the Wyre local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

28 RIVERMEAD DRIVE Sold Prices

Land registry data shows two sales for 28 RIVERMEAD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. One of the two 28 RIVERMEAD DRIVE 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
2012 14 DEC	£239,950	£208,794	15% above HPI
2010 28 JAN	£180,000	£219,857	18% below HPI

28 RIVERMEAD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two 28 RIVERMEAD DRIVE sales from January 2010 and December 2012 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 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2012 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 28 RIVERMEAD DRIVE be worth now?

28 RIVERMEAD DRIVE might now be worth an estimated £345,493.

This is based on house price inflation of 44%, between December 2012 and December 2024, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44% inflationary increase is applied to the most recent sale price for 28 RIVERMEAD DRIVE of £239,950 on 14th December 2012. For the value to have increased from £239,950 to £345,493 over the twelve years to December 2024, the following assumptions must hold true:

• The value of 28 RIVERMEAD DRIVE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The December 2012 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 28 RIVERMEAD DRIVE has not materially changed since December 2012.

How Large is 28 RIVERMEAD DRIVE?

28 RIVERMEAD DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses houses by size in Garstang, and where 28 RIVERMEAD DRIVE lies on this distribution: 17% of detached houses houses are smaller than 28 RIVERMEAD DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Garstang.

28 RIVERMEAD DRIVE: Plot and Title Map

28 RIVERMEAD DRIVE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 28 RIVERMEAD DRIVE, 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 28 RIVERMEAD DRIVE). 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 28 RIVERMEAD DRIVE?

28 RIVERMEAD DRIVE is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 28 on RIVERMEAD DRIVE.