4, REED FIELD, BAMBER BRIDGE, PRESTON, PR5 8HT - £170,000

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

4 REED FIELD is a large extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £170,000 in October 2005, which was around 20% below the average October 2005 detached price in the Chorley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

4 REED FIELD Sold Prices

Land registry data shows two sales for 4 REED FIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Both of the two 4 REED FIELD 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
2005 14 OCT	£170,000	£212,455	20% below HPI
2002 30 SEP	£109,950	£129,208	15% below HPI

4 REED FIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 4 REED FIELD sales from September 2002 and October 2005 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 September 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2005 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 REED FIELD?

4 REED FIELD is 117m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% 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 4 REED FIELD lies on this distribution: 68% of detached houses are smaller than 4 REED FIELD, and 31% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

4 REED FIELD: Plot and Title Map

4 REED FIELD sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 4 REED FIELD, 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 4 REED FIELD). 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 4 REED FIELD?

4 REED FIELD is located in BAMBER BRIDGE, in the PR5 postcode district. The below map shows the position of No. 4 on REED FIELD.