3, LARCHGATE, HOGHTON, PRESTON, PR5 0BX - £500,000

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.

3 LARCHGATE is a large detached house of 156m², built sometime between 1976 and 1982, which could now be worth an estimated £516,370. It was last sold for £500,000 in October 2022, which was around 63% above the average October 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

3 LARCHGATE Sold Prices

Land registry data shows two sales for 3 LARCHGATE 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. Both of the two 3 LARCHGATE 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
2022 19 OCT	£500,000	£307,454	63% above HPI
2022 15 JUL	£500,000	£297,957	68% above HPI

3 LARCHGATE 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 3 LARCHGATE sales from July 2022 and October 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 July 2022 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2022 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 3 LARCHGATE be worth now?

3 LARCHGATE might now be worth an estimated £516,370.

This is based on house price inflation of 3.3%, between October 2022 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 3.3% inflationary increase is applied to the most recent sale price for 3 LARCHGATE of £500,000 on 19th October 2022. For the value to have increased from £500,000 to £516,370 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 3 LARCHGATE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The October 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LARCHGATE has not materially changed since October 2022.

How Large is 3 LARCHGATE?

3 LARCHGATE is 156m² according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses houses in Gregson Lane, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gregson Lane, and where 3 LARCHGATE lies on this distribution: 80% of detached houses houses are smaller than 3 LARCHGATE, and 20% of houses are larger. Note that EPC data is not available for all properties in Gregson Lane.

3 LARCHGATE: Plot and Title Map

3 LARCHGATE sits on a plot of roughly 0.696 of an acre, or 2,816m². The below map shows the location of 3 LARCHGATE, 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 3 LARCHGATE). 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 3 LARCHGATE?

3 LARCHGATE is located in HOGHTON, in the PR5 postcode district. The below map shows the position of No. 3 on LARCHGATE.