LANGLEY, GOOSNARGH LANE, GOOSNARGH, PRESTON, PR3 2BN - £238,000

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.

LANGLEY is a very small extended semi-detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £345,342. It was last sold for £238,000 in November 2014, which was around 78% above the average November 2014 semi-detached price in the Preston local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

LANGLEY Sold Prices

Land registry data shows two sales for LANGLEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. Both of the two LANGLEY 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
2014 14 NOV	£238,000	£133,714	78% above HPI
2006 15 AUG	£230,000	£141,020	63% above HPI

LANGLEY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The two LANGLEY sales from August 2006 and November 2014 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 August 2006 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the November 2014 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might LANGLEY be worth now?

LANGLEY might now be worth an estimated £345,342.

This is based on house price inflation of 45.1%, between November 2014 and February 2025, for semi-detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.1% inflationary increase is applied to the most recent sale price for LANGLEY of £238,000 on 14th November 2014. For the value to have increased from £238,000 to £345,342 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of LANGLEY has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The November 2014 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of LANGLEY has not materially changed since November 2014.

How Large is LANGLEY?

LANGLEY is 98m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of semi-detached houses houses in Goosnargh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Goosnargh, and where LANGLEY lies on this distribution: 19% of semi-detached houses houses are smaller than LANGLEY, and 81% of houses are larger. Note that EPC data is not available for all properties in Goosnargh.

LANGLEY: Plot and Title Map

LANGLEY sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of LANGLEY, 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 LANGLEY). 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 LANGLEY?

LANGLEY is located on GOOSNARGH LANE in GOOSNARGH, in the PR3 postcode district. The below map shows the position of LANGLEY on GOOSNARGH LANE.