18, CHERRY TREES, LOSTOCK HALL, PRESTON, PR5 5ZA - £230,000

18 CHERRY TREES is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £230,000 in June 2023, which was around 27% below the average June 2023 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

18 CHERRY TREES Sold Prices

Land registry data shows two sales for 18 CHERRY TREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. One of the two 18 CHERRY TREES sales was for below the average price, whilst the other was 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
2023 22 JUN	£230,000	£313,963	27% below HPI
1998 20 JUL	£89,950	£88,956	1% above HPI

18 CHERRY TREES 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 two 18 CHERRY TREES sales from July 1998 and June 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 July 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 CHERRY TREES?

18 CHERRY TREES is 88m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bamber Bridge, and where 18 CHERRY TREES lies on this distribution: 28% of detached houses are smaller than 18 CHERRY TREES, and 72% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

18 CHERRY TREES: Plot and Title Map

18 CHERRY TREES sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 18 CHERRY TREES, 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 18 CHERRY TREES). 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 18 CHERRY TREES?

18 CHERRY TREES is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 18 on CHERRY TREES.