8, THE PARK, LONGRIDGE, PRESTON, PR3 3DH - £352,500

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.

8 THE PARK is a large detached house of 136m², which could now be worth an estimated £392,559. It was last sold for £352,500 in December 2021, which was around 7% below the average December 2021 detached price in the Ribble Valley local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

8 THE PARK Sold Prices

Land registry data shows two sales for 8 THE PARK 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 THE PARK 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
2021 21 DEC	£352,500	£381,060	7% below HPI
2019 16 DEC	£317,000	£345,593	8% below HPI

8 THE PARK 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 THE PARK sales from December 2019 and December 2021 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 December 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 THE PARK be worth now?

8 THE PARK might now be worth an estimated £392,559.

This is based on house price inflation of 11.4%, between December 2021 and February 2025, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.4% inflationary increase is applied to the most recent sale price for 8 THE PARK of £352,500 on 21st December 2021. For the value to have increased from £352,500 to £392,559 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 THE PARK has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The December 2021 sale price of £352,500 represented a fair market value for the property.
• The size, condition, and specification of 8 THE PARK has not materially changed since December 2021.

How Large is 8 THE PARK?

8 THE PARK is 136m² according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longridge, and where 8 THE PARK lies on this distribution: 66% of detached houses houses are smaller than 8 THE PARK, and 32% of houses are larger. Note that EPC data is not available for all properties in Longridge.

8 THE PARK: Plot and Title Map

8 THE PARK sits on a plot of roughly 60.3 acres, or 243,831m². The below map shows the location of 8 THE PARK, 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 THE PARK). 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 THE PARK?

8 THE PARK is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 8 on THE PARK.