5, OLD ORCHARD RISE, HESKETH BANK, PRESTON, PR4 6FE - £490,000

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 OLD ORCHARD RISE is a very large detached house of 197m², built in 2020. It was last sold for £490,000 in January 2024, which was around 37% above the average January 2024 detached price in the West Lancashire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was B, and the potential energy rating was B.

5 OLD ORCHARD RISE Sold Prices

Land registry data shows two sales for 5 OLD ORCHARD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 5 OLD ORCHARD RISE 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
2024 12 JAN	£490,000	£358,640	37% above HPI
2021 30 JUN	£475,000	£306,536	55% above HPI

5 OLD ORCHARD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 5 OLD ORCHARD RISE sales from June 2021 and January 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 2021 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2024 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 5 OLD ORCHARD RISE?

5 OLD ORCHARD RISE is 197m² according to the EPC inspection conducted in January 2024. This puts it in the largest 10% of detached houses in Hesketh Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Hesketh Bank, and where 5 OLD ORCHARD RISE lies on this distribution: 95% of detached houses are smaller than 5 OLD ORCHARD RISE, and 5% of houses are larger. Note that EPC data is not available for all properties in Hesketh Bank.

5 OLD ORCHARD RISE: Plot and Title Map

5 OLD ORCHARD RISE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 5 OLD ORCHARD RISE, 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 OLD ORCHARD RISE). 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 OLD ORCHARD RISE?

5 OLD ORCHARD RISE is located in HESKETH BANK, in the PR4 postcode district. The below map shows the position of No. 5 on OLD ORCHARD RISE.