FERNDALE, QUAKER BROOK LANE, HOGHTON, PRESTON, PR5 0JA - £505,000

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.

FERNDALE is a large detached house of 187m², built sometime between 1930 and 1949, which could now be worth an estimated £532,634. It was last sold for £505,000 in March 2022, which was around 64% above the average March 2022 detached price in the Chorley 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.

FERNDALE Sold Prices

Land registry data shows two sales for FERNDALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Both of the two FERNDALE 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 7 MAR	£505,000	£307,800	64% above HPI
2011 25 MAR	£497,500	£217,163	129% above HPI

FERNDALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two FERNDALE sales from March 2011 and March 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 2011 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the March 2022 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might FERNDALE be worth now?

FERNDALE might now be worth an estimated £532,634.

This is based on house price inflation of 5.5%, between March 2022 and February 2025, for detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for FERNDALE of £505,000 on 7th March 2022. For the value to have increased from £505,000 to £532,634 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of FERNDALE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The March 2022 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of FERNDALE has not materially changed since March 2022.

How Large is FERNDALE?

FERNDALE is 187m² according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses houses in Hoghton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoghton, and where FERNDALE lies on this distribution: 65% of detached houses houses are smaller than FERNDALE, and 35% of houses are larger. Note that EPC data is not available for all properties in Hoghton.

FERNDALE: Plot and Title Map

FERNDALE sits on a plot of roughly 0.614 of an acre, or 2,484m². The below map shows the location of FERNDALE, 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 FERNDALE). 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 FERNDALE?

FERNDALE is located on QUAKER BROOK LANE in HOGHTON, in the PR5 postcode district. The below map shows the position of FERNDALE on QUAKER BROOK LANE.