5, RIBBY ROAD, WREA GREEN, PRESTON, PR4 2NB - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 RIBBY ROAD is a very small extended detached house of 97m², built sometime before 1900, which could now be worth an estimated £313,244. It was last sold for £290,000 in October 2022, which was around 20% below the average October 2022 detached price in the Fylde local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

5 RIBBY ROAD Sold Prices

Land registry data shows two sales for 5 RIBBY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. One of the two 5 RIBBY ROAD sales was for below the average price, whilst the other was 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
2022 28 OCT	£290,000	£364,131	20% below HPI
2000 4 OCT	£134,000	£123,959	8% above HPI

5 RIBBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two 5 RIBBY ROAD sales from October 2000 and October 2022 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 October 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 RIBBY ROAD be worth now?

5 RIBBY ROAD might now be worth an estimated £313,244.

This is based on house price inflation of 8%, between October 2022 and February 2025, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8% inflationary increase is applied to the most recent sale price for 5 RIBBY ROAD of £290,000 on 28th October 2022. For the value to have increased from £290,000 to £313,244 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 RIBBY ROAD has moved in line with the HPI for detached houses in the Fylde local authority area.
• The October 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIBBY ROAD has not materially changed since October 2022.

How Large is 5 RIBBY ROAD?

5 RIBBY ROAD is 97m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses houses in Wrea Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrea Green, and where 5 RIBBY ROAD lies on this distribution: 3% of detached houses houses are smaller than 5 RIBBY ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Wrea Green.

5 RIBBY ROAD: Plot and Title Map

5 RIBBY ROAD sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 5 RIBBY ROAD, 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 RIBBY ROAD). 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 RIBBY ROAD?

5 RIBBY ROAD is located in WREA GREEN, in the PR4 postcode district. The below map shows the position of No. 5 on RIBBY ROAD.