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
42 BANK CROFT is a large extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £378,000 in February 2023, which was around 21% above the average February 2023 detached price in the South Ribble local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 42 BANK CROFT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Most of the four 42 BANK CROFT 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 |
---|---|---|---|
2023 27 FEB | £378,000 | £313,180 | 21% above HPI |
2014 19 NOV | £295,000 | £224,392 | 31% above HPI |
2007 13 DEC | £245,000 | £247,772 | 1% below HPI |
1996 19 AUG | £84,000 | £81,726 | 3% above HPI |
The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The four 42 BANK CROFT sales between August 1996 and February 2023 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 November 2014 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the February 2023 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.
42 BANK CROFT is 157m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 42 BANK CROFT lies on this distribution: 71% of detached houses are smaller than 42 BANK CROFT, and 28% of houses are larger. Note that EPC data is not available for all properties in Longton.
42 BANK CROFT sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 42 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 42 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.
42 BANK CROFT is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 42 on BANK CROFT.