SPRINGFIELD, DILWORTH LANE, LONGRIDGE, PRESTON, PR3 3ST - £625,000

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

SPRINGFIELD is a very large extended detached house of 274m², built sometime between 1930 and 1949, which could now be worth an estimated £747,446. It was last sold for £625,000 in May 2018, which was around 75% above the average May 2018 detached price in the Ribble Valley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was C.

SPRINGFIELD Sold Prices

Land registry data shows two sales for SPRINGFIELD 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. Both of the two SPRINGFIELD 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 11 MAY	£625,000	£357,995	75% above HPI
2011 22 DEC	£499,950	£303,688	65% above HPI

SPRINGFIELD 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 SPRINGFIELD sales from December 2011 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 December 2011 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the May 2018 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £747,446.

This is based on house price inflation of 19.6%, between May 2018 and December 2024, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £625,000 on 11th May 2018. For the value to have increased from £625,000 to £747,446 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The May 2018 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since May 2018.

How Large is SPRINGFIELD?

SPRINGFIELD is 274m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longridge, and where SPRINGFIELD lies on this distribution: 99% of detached houses houses are smaller than SPRINGFIELD, and 1% of houses are larger. Note that EPC data is not available for all properties in Longridge.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.453 of an acre, or 1,834m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

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