SILVERDALE, LOWER LANE, LONGRIDGE, PRESTON, PR3 3SL - £518,000

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

SILVERDALE is a large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £518,000 in February 2023, which was around 30% above the average February 2023 detached price in the Ribble Valley local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

SILVERDALE Sold Prices

Land registry data shows two sales for SILVERDALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. One of the two SILVERDALE sales was for above the average price, whilst the other was 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
2023 17 FEB	£518,000	£397,375	30% above HPI
2006 6 OCT	£262,500	£298,041	12% below HPI

SILVERDALE 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 two SILVERDALE sales from October 2006 and February 2023 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 October 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is SILVERDALE?

SILVERDALE is 138m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where SILVERDALE lies on this distribution: 69% of detached houses are smaller than SILVERDALE, and 30% of houses are larger. Note that EPC data is not available for all properties in Longridge.

SILVERDALE: Plot and Title Map

SILVERDALE sits on a plot of roughly 0.269 of an acre, or 1,090m². The below map shows the location of SILVERDALE, 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 SILVERDALE). 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 SILVERDALE?

SILVERDALE is located on LOWER LANE in LONGRIDGE, in the PR3 postcode district. The below map shows the position of SILVERDALE on LOWER LANE.