31, GREEN LANE, LONGRIDGE, PRESTON, PR3 3RB - £180,000

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

31 GREEN LANE is a very small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £180,000 in March 2013, which was around 40% below the average March 2013 detached price in the Ribble Valley local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was E.

31 GREEN LANE Sold Prices

Land registry data shows two sales for 31 GREEN LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 31 GREEN LANE 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
2013 15 MAR	£180,000	£301,119	40% below HPI
2008 29 AUG	£200,000	£315,812	37% below HPI

31 GREEN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 31 GREEN LANE sales from August 2008 and March 2013 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 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2013 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 31 GREEN LANE?

31 GREEN LANE is 93m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where 31 GREEN LANE lies on this distribution: 18% of detached houses are smaller than 31 GREEN LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Longridge.

31 GREEN LANE: Plot and Title Map

31 GREEN LANE sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 31 GREEN LANE, 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 31 GREEN LANE). 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 31 GREEN LANE?

31 GREEN LANE is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 31 on GREEN LANE.