16, CLEVELEYS ROAD, HOGHTON, PRESTON, PR5 0LT - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 CLEVELEYS ROAD is a very small detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £226,146. It was last sold for £175,000 in July 2018, which was around 29% below the average July 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

16 CLEVELEYS ROAD Sold Prices

Land registry data shows three sales for 16 CLEVELEYS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the three 16 CLEVELEYS ROAD sales 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 17 JUL	£175,000	£245,708	29% below HPI
2006 14 DEC	£160,000	£226,680	29% below HPI
2003 28 NOV	£125,000	£167,355	25% below HPI

16 CLEVELEYS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The three 16 CLEVELEYS ROAD sales between November 2003 and July 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2018 sale, which was also at 29% below the HPI.

What might 16 CLEVELEYS ROAD be worth now?

16 CLEVELEYS ROAD might now be worth an estimated £226,146.

This is based on house price inflation of 29.2%, between July 2018 and June 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.2% inflationary increase is applied to the most recent sale price for 16 CLEVELEYS ROAD of £175,000 on 17th July 2018. For the value to have increased from £175,000 to £226,146 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of 16 CLEVELEYS ROAD has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The July 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CLEVELEYS ROAD has not materially changed since July 2018.

How Large is 16 CLEVELEYS ROAD?

16 CLEVELEYS ROAD is 55m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Coup Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coup Green, and where 16 CLEVELEYS ROAD lies on this distribution: 4% of detached houses houses are smaller than 16 CLEVELEYS ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Coup Green.

16 CLEVELEYS ROAD: Plot and Title Map

16 CLEVELEYS ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 16 CLEVELEYS ROAD, 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 16 CLEVELEYS ROAD). 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 16 CLEVELEYS ROAD?

16 CLEVELEYS ROAD is located in HOGHTON, in the PR5 postcode district. The below map shows the position of No. 16 on CLEVELEYS ROAD.