8, BROOKLANDS, CHIPPING, PRESTON, PR3 2QU - £495,000

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

8 BROOKLANDS is a very small detached house of 112m², built sometime between 1991 and 1995. It was last sold for £495,000 in September 2022, which was around 29% above the average September 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

8 BROOKLANDS Sold Prices

Land registry data shows two sales for 8 BROOKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 8 BROOKLANDS 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
2022 2 SEP	£495,000	£382,894	29% above HPI
2016 15 MAR	£320,000	£303,851	5% above HPI

8 BROOKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 8 BROOKLANDS sales from March 2016 and September 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 March 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 8 BROOKLANDS?

8 BROOKLANDS is 112m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Chipping, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping, and where 8 BROOKLANDS lies on this distribution: 18% of detached houses are smaller than 8 BROOKLANDS, and 82% of houses are larger. Note that EPC data is not available for all properties in Chipping.

8 BROOKLANDS: Plot and Title Map

8 BROOKLANDS sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 8 BROOKLANDS, 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 8 BROOKLANDS). 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 8 BROOKLANDS?

8 BROOKLANDS is located in CHIPPING, in the PR3 postcode district. The below map shows the position of No. 8 on BROOKLANDS.