3, CHERRY TREES, LOSTOCK HALL, PRESTON, PR5 5ZA - £150,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CHERRY TREES is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £150,000 in February 2014, which was around 32% below the average February 2014 detached price in the South Ribble local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

3 CHERRY TREES Sold Prices

Land registry data shows four sales for 3 CHERRY TREES 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 3 CHERRY TREES 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
2014 3 FEB	£150,000	£220,872	32% below HPI
2010 10 NOV	£150,000	£229,824	35% below HPI
2000 28 JUL	£77,500	£99,642	22% below HPI
1996 25 JUL	£67,000	£80,719	17% below HPI

3 CHERRY TREES 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 3 CHERRY TREES sales between July 1996 and February 2014 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 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 CHERRY TREES?

3 CHERRY TREES is 68m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% 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 3 CHERRY TREES lies on this distribution: 7% of detached houses are smaller than 3 CHERRY TREES, and 93% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

3 CHERRY TREES: Plot and Title Map

3 CHERRY TREES sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 CHERRY TREES, 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 3 CHERRY TREES). 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 3 CHERRY TREES?

3 CHERRY TREES is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 3 on CHERRY TREES.