3, TALBOT STREET, CHIPPING, PRESTON, PR3 2QE - £200,000

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 TALBOT STREET is a very small detached house of 42m², built sometime before 1900, which could now be worth an estimated £270,014. It was last sold for £200,000 in February 2016, which was around 38% below the average February 2016 detached price in the Ribble Valley local authority area. The most recent EPC inspection was April 2009, where the current energy rating was G, and the potential energy rating was F.

3 TALBOT STREET Sold Prices

Land registry data shows four sales for 3 TALBOT STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the four 3 TALBOT STREET 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
2016 26 FEB	£200,000	£324,947	38% below HPI
2010 8 JUN	£170,000	£322,382	47% below HPI
2008 27 JUN	£116,000	£318,675	64% below HPI
1995 20 DEC	£8,800	£100,193	91% below HPI

3 TALBOT STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The four 3 TALBOT STREET sales between December 1995 and February 2016 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 June 2010 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 3 TALBOT STREET be worth now?

3 TALBOT STREET might now be worth an estimated £270,014.

This is based on house price inflation of 35%, between February 2016 and June 2025, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35% inflationary increase is applied to the most recent sale price for 3 TALBOT STREET of £200,000 on 26th February 2016. For the value to have increased from £200,000 to £270,014 over the eight years and eight months to June 2025, the following assumptions must hold true:

• The value of 3 TALBOT STREET has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The February 2016 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TALBOT STREET has not materially changed since February 2016.

How Large is 3 TALBOT STREET?

3 TALBOT STREET is 42m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses houses in Chipping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipping, and where 3 TALBOT STREET lies on this distribution: Less than 1% of detached houses houses are smaller than 3 TALBOT STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chipping.

3 TALBOT STREET: Plot and Title Map

3 TALBOT STREET sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 3 TALBOT STREET, 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 TALBOT STREET). 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 TALBOT STREET?

3 TALBOT STREET is located in CHIPPING, in the PR3 postcode district. The below map shows the position of No. 3 on TALBOT STREET.