NEWLANDS, KELLET LANE, BAMBER BRIDGE, PRESTON, PR5 6AN - £460,000

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

NEWLANDS is a very large extended detached house of 235m², built sometime between 1983 and 1990. It was last sold for £460,000 in June 2018, which was around 90% above the average June 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS 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. Both of the two NEWLANDS 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
2018 1 JUN	£460,000	£242,465	90% above HPI
2003 5 DEC	£274,950	£170,184	62% above HPI

NEWLANDS 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 NEWLANDS sales from December 2003 and June 2018 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 December 2003 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the June 2018 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might NEWLANDS be worth now?

NEWLANDS might now be worth an estimated £614,195.

This is based on house price inflation of 33.5%, between June 2018 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 33.5% inflationary increase is applied to the most recent sale price for NEWLANDS of £460,000 on 1st June 2018. For the value to have increased from £460,000 to £614,195 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of NEWLANDS has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The June 2018 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of NEWLANDS has not materially changed since June 2018.

How Large is NEWLANDS?

NEWLANDS is 235m², which includes three extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 10% 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 NEWLANDS lies on this distribution: 99% of detached houses houses are smaller than NEWLANDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.309 of an acre, or 1,252m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on KELLET LANE in BAMBER BRIDGE, in the PR5 postcode district. The below map shows the position of NEWLANDS on KELLET LANE.