5, MAYPARK, BAMBER BRIDGE, PRESTON, PR5 8JB - £190,000

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 MAYPARK is a very small extended detached house of 74m², built sometime between 1976 and 1982. It was last sold for £190,000 in September 2018, which was around 29% below the average September 2018 detached price in the Chorley local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

5 MAYPARK Sold Prices

Land registry data shows three sales for 5 MAYPARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 5 MAYPARK 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
2018 7 SEP	£190,000	£265,920	29% below HPI
2006 31 MAR	£146,000	£214,033	32% below HPI
2005 5 AUG	£100,000	£213,956	53% below HPI

5 MAYPARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The three 5 MAYPARK sales between August 2005 and September 2018 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 March 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 MAYPARK?

5 MAYPARK is 74m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bamber Bridge, and where 5 MAYPARK lies on this distribution: 11% of detached houses are smaller than 5 MAYPARK, and 88% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

5 MAYPARK: Plot and Title Map

5 MAYPARK sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 5 MAYPARK, 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 MAYPARK). 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 MAYPARK?

5 MAYPARK is located in BAMBER BRIDGE, in the PR5 postcode district. The below map shows the position of No. 5 on MAYPARK.