3, LONGFOLD, MERE BROW, PRESTON, PR4 6LX - £197,500

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 LONGFOLD is a very small detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £233,879. It was last sold for £197,500 in June 2022, which was around 38% below the average June 2022 detached price in the West Lancashire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

3 LONGFOLD Sold Prices

Land registry data shows two sales for 3 LONGFOLD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 3 LONGFOLD 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
2022 10 JUN	£197,500	£319,255	38% below HPI
1997 29 JAN	£75,000	£88,469	15% below HPI

3 LONGFOLD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 3 LONGFOLD sales from January 1997 and June 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 January 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 3 LONGFOLD be worth now?

3 LONGFOLD might now be worth an estimated £233,879.

This is based on house price inflation of 18.4%, between June 2022 and March 2026, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 3 LONGFOLD of £197,500 on 10th June 2022. For the value to have increased from £197,500 to £233,879 over the four years and three months to March 2026, the following assumptions must hold true:

• The value of 3 LONGFOLD has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The June 2022 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LONGFOLD has not materially changed since June 2022.

How Large is 3 LONGFOLD?

3 LONGFOLD is 91m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Mere Brow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mere Brow, and where 3 LONGFOLD lies on this distribution: 17% of detached houses houses are smaller than 3 LONGFOLD, and 79% of houses are larger. Note that EPC data is not available for all properties in Mere Brow.

3 LONGFOLD: Plot and Title Map

3 LONGFOLD sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 3 LONGFOLD, 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 LONGFOLD). 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 LONGFOLD?

3 LONGFOLD is located in MERE BROW, in the PR4 postcode district. The below map shows the position of No. 3 on LONGFOLD.