BRAESIDE, KELLET LANE, BAMBER BRIDGE, PRESTON, PR5 6AN - £155,000

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

BRAESIDE is a small extended detached house of 88m², built sometime before 1900. It was last sold for £155,000 in August 2016, which was around 35% below the average August 2016 detached price in the South Ribble local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

BRAESIDE Sold Prices

Land registry data shows three sales for BRAESIDE 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 BRAESIDE 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
2016 26 AUG	£155,000	£238,805	35% below HPI
2000 20 APR	£72,000	£95,286	24% below HPI
1995 5 MAY	£57,500	£80,994	29% below HPI

BRAESIDE 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 BRAESIDE sales between May 1995 and August 2016 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 April 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is BRAESIDE?

BRAESIDE is 88m², which includes one extension, according to the EPC inspection conducted in October 2023. 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 BRAESIDE lies on this distribution: 28% of detached houses are smaller than BRAESIDE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

BRAESIDE: Plot and Title Map

BRAESIDE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of BRAESIDE, 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 BRAESIDE). 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 BRAESIDE?

BRAESIDE is located on KELLET LANE in BAMBER BRIDGE, in the PR5 postcode district. The below map shows the position of BRAESIDE on KELLET LANE.