5, CHERRY TREES, LOSTOCK HALL, PRESTON, PR5 5ZA - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CHERRY TREES is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £233,632. It was last sold for £170,000 in February 2017, which was around 28% below the average February 2017 detached price in the South Ribble local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

5 CHERRY TREES Sold Prices

Land registry data shows three sales for 5 CHERRY TREES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the three 5 CHERRY TREES 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 17 FEB	£170,000	£235,567	28% below HPI
2014 30 JUN	£157,000	£211,757	26% below HPI
2000 20 APR	£75,000	£92,604	19% below HPI

5 CHERRY TREES 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 three 5 CHERRY TREES sales between April 2000 and February 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 June 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 CHERRY TREES be worth now?

5 CHERRY TREES might now be worth an estimated £233,632.

This is based on house price inflation of 37.4%, between February 2017 and December 2024, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.4% inflationary increase is applied to the most recent sale price for 5 CHERRY TREES of £170,000 on 17th February 2017. For the value to have increased from £170,000 to £233,632 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 5 CHERRY TREES has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The February 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHERRY TREES has not materially changed since February 2017.

How Large is 5 CHERRY TREES?

5 CHERRY TREES is 76m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where 5 CHERRY TREES lies on this distribution: 13% of detached houses houses are smaller than 5 CHERRY TREES, and 87% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

5 CHERRY TREES: Plot and Title Map

5 CHERRY TREES sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 5 CHERRY TREES, 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 TREES). 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 TREES?

5 CHERRY TREES is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 5 on CHERRY TREES.