40, BANK CROFT, LONGTON, PRESTON, PR4 5AN - £175,000

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

40 BANK CROFT is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £175,000 in February 2015, which was around 22% below the average February 2015 detached price in the South Ribble local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

40 BANK CROFT Sold Prices

Land registry data shows two sales for 40 BANK CROFT 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 40 BANK CROFT 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
2015 27 FEB	£175,000	£224,615	22% below HPI
1997 12 JUN	£65,000	£84,224	23% below HPI

40 BANK CROFT 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 40 BANK CROFT sales from June 1997 and February 2015 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 June 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 40 BANK CROFT?

40 BANK CROFT is 75m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 40 BANK CROFT lies on this distribution: 7% of detached houses are smaller than 40 BANK CROFT, and 93% of houses are larger. Note that EPC data is not available for all properties in Longton.

40 BANK CROFT: Plot and Title Map

40 BANK CROFT sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 40 BANK CROFT, 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 40 BANK CROFT). 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 40 BANK CROFT?

40 BANK CROFT is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 40 on BANK CROFT.