NORWOOD, INGLEWHITE ROAD, LONGRIDGE, PRESTON, PR3 2DB - £312,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

NORWOOD is a midsized extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £312,500 in September 2011, which was around 44% above the average September 2011 detached price in the Preston local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

NORWOOD Sold Prices

Land registry data shows four sales for NORWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four NORWOOD 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
2011 8 SEP	£312,500	£216,301	44% above HPI
2007 16 MAR	£335,000	£229,394	46% above HPI
1999 8 OCT	£130,000	£91,751	42% above HPI
1996 22 JAN	£95,000	£78,372	21% above HPI

NORWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The four NORWOOD sales between January 1996 and September 2011 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 March 2007 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the September 2011 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is NORWOOD?

NORWOOD is 123m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 50% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where NORWOOD lies on this distribution: 51% of detached houses are smaller than NORWOOD, and 49% of houses are larger. Note that EPC data is not available for all properties in Longridge.

NORWOOD: Plot and Title Map

NORWOOD sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of NORWOOD, 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 NORWOOD). 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 NORWOOD?

NORWOOD is located on INGLEWHITE ROAD in LONGRIDGE, in the PR3 postcode district. The below map shows the position of NORWOOD on INGLEWHITE ROAD.