38, THE MALTINGS, LONGTON, PRESTON, PR4 5ZS - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 THE MALTINGS is a midsized detached house of 139m², which could now be worth an estimated £516,683. It was last sold for £425,000 in June 2021, which was around 60% above the average June 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was April 2011, where the current energy rating was B, and the potential energy rating was B.

38 THE MALTINGS Sold Prices

Land registry data shows two sales for 38 THE MALTINGS 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 38 THE MALTINGS sales were for above 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
2021 18 JUN	£425,000	£266,408	60% above HPI
2011 22 DEC	£369,950	£209,302	77% above HPI

38 THE MALTINGS 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 38 THE MALTINGS sales from December 2011 and June 2021 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 2011 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the June 2021 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 38 THE MALTINGS be worth now?

38 THE MALTINGS might now be worth an estimated £516,683.

This is based on house price inflation of 21.6%, between June 2021 and February 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 38 THE MALTINGS of £425,000 on 18th June 2021. For the value to have increased from £425,000 to £516,683 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 38 THE MALTINGS has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The June 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 38 THE MALTINGS has not materially changed since June 2021.

How Large is 38 THE MALTINGS?

38 THE MALTINGS is 139m² according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of detached houses houses in Longton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longton, and where 38 THE MALTINGS lies on this distribution: 57% of detached houses houses are smaller than 38 THE MALTINGS, and 43% of houses are larger. Note that EPC data is not available for all properties in Longton.

38 THE MALTINGS: Plot and Title Map

38 THE MALTINGS sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 38 THE MALTINGS, 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 38 THE MALTINGS). 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 38 THE MALTINGS?

38 THE MALTINGS is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 38 on THE MALTINGS.