48, COLLEGE CLOSE, LONGRIDGE, PRESTON, PR3 3AX - £275,000

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

48 COLLEGE CLOSE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £275,000 in April 2024, which was around 33% below the average April 2024 detached price in the Ribble Valley local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

48 COLLEGE CLOSE Sold Prices

Land registry data shows two sales for 48 COLLEGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 48 COLLEGE CLOSE 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
2024 30 APR	£275,000	£407,468	33% below HPI
1995 9 JUN	£71,950	£98,053	27% below HPI

48 COLLEGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 48 COLLEGE CLOSE sales from June 1995 and April 2024 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 1995 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2024 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 48 COLLEGE CLOSE?

48 COLLEGE CLOSE is 98m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where 48 COLLEGE CLOSE lies on this distribution: 21% of detached houses are smaller than 48 COLLEGE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Longridge.

48 COLLEGE CLOSE: Plot and Title Map

48 COLLEGE CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 48 COLLEGE CLOSE, 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 48 COLLEGE CLOSE). 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 48 COLLEGE CLOSE?

48 COLLEGE CLOSE is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 48 on COLLEGE CLOSE.