POLICE HOUSE, GARSTANG ROAD, CHIPPING, PRESTON, PR3 2QH - £495,000

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

POLICE HOUSE is a very large extended detached house of 168m², built sometime between 1930 and 1949. It was last sold for £495,000 in May 2018, which was around 46% above the average May 2018 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

POLICE HOUSE Sold Prices

Land registry data shows three sales for POLICE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. One of the three POLICE HOUSE sales was for above the average price, whilst two were for below 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 18 MAY	£495,000	£338,765	46% above HPI
2016 25 FEB	£220,000	£307,492	28% below HPI
2013 12 JUL	£215,000	£290,614	26% below HPI

POLICE HOUSE 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 three POLICE HOUSE sales between July 2013 and May 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 February 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2018 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is POLICE HOUSE?

POLICE HOUSE is 168m², which includes four extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Chipping, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping, and where POLICE HOUSE lies on this distribution: 84% of detached houses are smaller than POLICE HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Chipping.

POLICE HOUSE: Plot and Title Map

POLICE HOUSE sits on a plot of roughly 0.193 of an acre, or 779m². The below map shows the location of POLICE HOUSE, 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 POLICE HOUSE). 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 POLICE HOUSE?

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