56, FOURFIELDS, BAMBER BRIDGE, PRESTON, PR5 6GS - £175,000

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

56 FOURFIELDS is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £175,000 in February 2020, which was around 31% below the average February 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

56 FOURFIELDS Sold Prices

Land registry data shows three sales for 56 FOURFIELDS 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 56 FOURFIELDS 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
2020 7 FEB	£175,000	£253,041	31% below HPI
2001 20 JUL	£75,995	£107,241	29% below HPI
1997 25 JUL	£62,950	£86,630	27% below HPI

56 FOURFIELDS 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 56 FOURFIELDS sales between July 1997 and February 2020 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 July 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 56 FOURFIELDS?

56 FOURFIELDS is 87m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% 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 56 FOURFIELDS lies on this distribution: 26% of detached houses are smaller than 56 FOURFIELDS, and 73% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

56 FOURFIELDS: Plot and Title Map

56 FOURFIELDS sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 56 FOURFIELDS, 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 56 FOURFIELDS). 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 56 FOURFIELDS?

56 FOURFIELDS is located in BAMBER BRIDGE, in the PR5 postcode district. The below map shows the position of No. 56 on FOURFIELDS.