LANGTONS FARM, RIBBY ROAD, WREA GREEN, PRESTON, PR4 2NA - £1,450,000

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.

LANGTONS FARM is a very large detached house of 647m², built sometime from 2007 onwards, which could now be worth an estimated £1,668,841. It was last sold for £1,450,000 in May 2022, which was around 324% above the average May 2022 detached price in the Fylde local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was B.

LANGTONS FARM Sold Prices

Land registry data shows three sales for LANGTONS FARM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. All of the three LANGTONS FARM 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 27 MAY	£1,450,000	£341,740	324% above HPI
2021 13 AUG	£910,000	£324,559	180% above HPI
2016 25 AUG	£1,298,423	£283,601	358% above HPI

LANGTONS FARM Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The three LANGTONS FARM sales between August 2016 and May 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 August 2021 sale was for 180% above the HPI. So the extrapolation line tracks at 180% above the HPI over time, until the May 2022 sale, where it rises to 324% above the HPI. The line then continues to track at 324% above the HPI.

What might LANGTONS FARM be worth now?

LANGTONS FARM might now be worth an estimated £1,668,841.

This is based on house price inflation of 15.1%, between May 2022 and February 2025, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.1% inflationary increase is applied to the most recent sale price for LANGTONS FARM of £1,450,000 on 27th May 2022. For the value to have increased from £1,450,000 to £1,668,841 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of LANGTONS FARM has moved in line with the HPI for detached houses in the Fylde local authority area.
• The May 2022 sale price of £1,450,000 represented a fair market value for the property.
• The size, condition, and specification of LANGTONS FARM has not materially changed since May 2022.

How Large is LANGTONS FARM?

LANGTONS FARM is 647m² according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses houses in Wrea Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrea Green, and where LANGTONS FARM lies on this distribution: More than 99% of detached houses houses are smaller than LANGTONS FARM, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wrea Green.

LANGTONS FARM: Plot and Title Map

LANGTONS FARM sits on a plot of roughly 1.1 acres, or 4,475m². The below map shows the location of LANGTONS FARM, 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 LANGTONS FARM). 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 LANGTONS FARM?

LANGTONS FARM is located on RIBBY ROAD in WREA GREEN, in the PR4 postcode district. The below map shows the position of LANGTONS FARM on RIBBY ROAD.