5, CHERRY ORCHARD, LONGRIDGE, PRESTON, PR3 3PQ - £610,000

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

5 CHERRY ORCHARD is a very large extended detached house of 186m², built sometime between 1996 and 2002. It was last sold for £610,000 in May 2023, which was around 61% above the average May 2023 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

5 CHERRY ORCHARD Sold Prices

Land registry data shows two sales for 5 CHERRY ORCHARD 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 5 CHERRY ORCHARD 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 19 MAY	£610,000	£379,883	61% above HPI
2000 18 DEC	£225,000	£129,713	73% above HPI

5 CHERRY ORCHARD 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 5 CHERRY ORCHARD sales from December 2000 and May 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 December 2000 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the May 2023 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 5 CHERRY ORCHARD?

5 CHERRY ORCHARD is 186m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where 5 CHERRY ORCHARD lies on this distribution: 92% of detached houses are smaller than 5 CHERRY ORCHARD, and 8% of houses are larger. Note that EPC data is not available for all properties in Longridge.

5 CHERRY ORCHARD: Plot and Title Map

5 CHERRY ORCHARD sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 5 CHERRY ORCHARD, 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 5 CHERRY ORCHARD). 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 5 CHERRY ORCHARD?

5 CHERRY ORCHARD is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 5 on CHERRY ORCHARD.