THE OLD FARMHOUSE, CRUMPAX AVENUE, LONGRIDGE, PRESTON, PR3 3JQ - £525,000

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

THE OLD FARMHOUSE is a very large extended detached house of 176m², built sometime before 1900. It was last sold for £525,000 in May 2022, which was around 42% above the average May 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

THE OLD FARMHOUSE Sold Prices

Land registry data shows three sales for THE OLD FARMHOUSE 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. Two of the three THE OLD FARMHOUSE sales were for above the average price, whilst one 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
2022 26 MAY	£525,000	£370,823	42% above HPI
2005 2 SEP	£342,500	£280,733	22% above HPI
1996 9 APR	£80,000	£93,843	15% below HPI

THE OLD FARMHOUSE 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 THE OLD FARMHOUSE sales between April 1996 and May 2022 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 September 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2022 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is THE OLD FARMHOUSE?

THE OLD FARMHOUSE is 176m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where THE OLD FARMHOUSE lies on this distribution: 90% of detached houses are smaller than THE OLD FARMHOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Longridge.

THE OLD FARMHOUSE: Plot and Title Map

THE OLD FARMHOUSE sits on a plot of roughly 0.222 of an acre, or 898m². The below map shows the location of THE OLD FARMHOUSE, 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 THE OLD FARMHOUSE). 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 THE OLD FARMHOUSE?

THE OLD FARMHOUSE is located on CRUMPAX AVENUE in LONGRIDGE, in the PR3 postcode district. The below map shows the position of THE OLD FARMHOUSE on CRUMPAX AVENUE.