HIGHFIELD, GARSTANG ROAD, CHIPPING, PRESTON, PR3 2QH - £470,000

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

HIGHFIELD is a very large extended detached house of 215m², built sometime between 1950 and 1966, which could now be worth an estimated £500,693. It was last sold for £470,000 in August 2022, which was around 17% above the average August 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

HIGHFIELD Sold Prices

Land registry data shows two sales for HIGHFIELD 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 HIGHFIELD 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 12 AUG	£470,000	£401,886	17% above HPI
2001 16 JUL	£165,000	£149,502	10% above HPI

HIGHFIELD 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 HIGHFIELD sales from July 2001 and August 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 July 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might HIGHFIELD be worth now?

HIGHFIELD might now be worth an estimated £500,693.

This is based on house price inflation of 6.5%, between August 2022 and December 2024, 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 6.5% inflationary increase is applied to the most recent sale price for HIGHFIELD of £470,000 on 12th August 2022. For the value to have increased from £470,000 to £500,693 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of HIGHFIELD has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The August 2022 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHFIELD has not materially changed since August 2022.

How Large is HIGHFIELD?

HIGHFIELD is 215m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of detached houses houses in Chipping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipping, and where HIGHFIELD lies on this distribution: 93% of detached houses houses are smaller than HIGHFIELD, and 7% of houses are larger. Note that EPC data is not available for all properties in Chipping.

HIGHFIELD: Plot and Title Map

HIGHFIELD sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of HIGHFIELD, 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 HIGHFIELD). 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 HIGHFIELD?

HIGHFIELD is located on GARSTANG ROAD in CHIPPING, in the PR3 postcode district. The below map shows the position of HIGHFIELD on GARSTANG ROAD.