GLENFERN, OLD SCHOOL LANE, LOSTOCK HALL, PRESTON, PR5 5XP - £288,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GLENFERN is a small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £288,000 in June 2019, which was around 17% above the average June 2019 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was B.

GLENFERN Sold Prices

Land registry data shows two sales for GLENFERN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. One of the two GLENFERN sales was for above the average price, whilst the other was 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
2019 21 JUN	£288,000	£245,439	17% above HPI
2007 10 APR	£226,500	£227,903	1% below HPI

GLENFERN 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 two GLENFERN sales from April 2007 and June 2019 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 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might GLENFERN be worth now?

GLENFERN might now be worth an estimated £379,880.

This is based on house price inflation of 31.9%, between June 2019 and December 2024, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.9% inflationary increase is applied to the most recent sale price for GLENFERN of £288,000 on 21st June 2019. For the value to have increased from £288,000 to £379,880 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of GLENFERN has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The June 2019 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of GLENFERN has not materially changed since June 2019.

How Large is GLENFERN?

GLENFERN is 87m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where GLENFERN lies on this distribution: 26% of detached houses houses are smaller than GLENFERN, and 73% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

GLENFERN: Plot and Title Map

GLENFERN sits on a plot of roughly 0.458 of an acre, or 1,854m². The below map shows the location of GLENFERN, 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 GLENFERN). 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 GLENFERN?

GLENFERN is located on OLD SCHOOL LANE in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of GLENFERN on OLD SCHOOL LANE.