2, REEDFIELD PLACE, BAMBER BRIDGE, PRESTON, PR5 8AB - £215,000

2 REEDFIELD PLACE is a very large detached house of 128m², built sometime between 1967 and 1975. It was last sold for £215,000 in January 2021, which was around 20% below the average January 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

2 REEDFIELD PLACE Sold Prices

Land registry data shows three sales for 2 REEDFIELD PLACE 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. One of the three 2 REEDFIELD PLACE sales was for below the average price, whilst two 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
2021 29 JAN	£215,000	£269,051	20% below HPI
2008 2 SEP	£242,000	£234,569	3% above HPI
2008 8 MAY	£242,000	£237,063	2% above HPI

2 REEDFIELD PLACE 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 2 REEDFIELD PLACE sales between May 2008 and January 2021 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 2008 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 REEDFIELD PLACE?

2 REEDFIELD PLACE is 128m² according to the EPC inspection conducted in August 2016. This puts it in the largest 20% 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 2 REEDFIELD PLACE lies on this distribution: 80% of detached houses are smaller than 2 REEDFIELD PLACE, and 19% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

2 REEDFIELD PLACE: Plot and Title Map

2 REEDFIELD PLACE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 2 REEDFIELD PLACE, 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 2 REEDFIELD PLACE). 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 2 REEDFIELD PLACE?

2 REEDFIELD PLACE is located in BAMBER BRIDGE, in the PR5 postcode district. The below map shows the position of No. 2 on REEDFIELD PLACE.