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
41 HIGHER ROAD is a very small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £243,000 in August 2017, which was around 26% below the average August 2017 detached price in the Ribble Valley local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows five sales for 41 HIGHER ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the five 41 HIGHER ROAD 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 |
---|---|---|---|
2017 8 AUG | £243,000 | £329,038 | 26% below HPI |
2012 19 DEC | £220,000 | £285,935 | 23% below HPI |
2003 3 JUN | £155,000 | £185,136 | 16% below HPI |
2002 8 MAY | £142,500 | £148,925 | 4% below HPI |
2000 31 MAR | £83,000 | £116,902 | 29% below HPI |
The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The five 41 HIGHER ROAD sales between March 2000 and August 2017 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 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
41 HIGHER ROAD is 96m², which includes one extension, according to the EPC inspection conducted in April 2011. 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 41 HIGHER ROAD lies on this distribution: 19% of detached houses are smaller than 41 HIGHER ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Longridge.
41 HIGHER ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 41 HIGHER ROAD, 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 41 HIGHER ROAD). 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.
41 HIGHER ROAD is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 41 on HIGHER ROAD.