38, BRIDGE WAY, LOSTOCK HALL, PRESTON, PR5 5YJ - £170,000

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.

38 BRIDGE WAY is a very small extended terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £209,932. It was last sold for £170,000 in November 2020, which was around 34% above the average November 2020 terraced price in the South Ribble local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

38 BRIDGE WAY Sold Prices

Land registry data shows two sales for 38 BRIDGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Ribble local authority area for the corresponding sale date. Both of the two 38 BRIDGE WAY 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
2020 18 NOV	£170,000	£126,875	34% above HPI
1999 27 MAY	£69,000	£40,657	70% above HPI

38 BRIDGE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Ribble local authority area over time, sourced from the HPI. The two 38 BRIDGE WAY sales from May 1999 and November 2020 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 May 1999 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 38 BRIDGE WAY be worth now?

38 BRIDGE WAY might now be worth an estimated £209,932.

This is based on house price inflation of 23.5%, between November 2020 and June 2025, for terraced 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 23.5% inflationary increase is applied to the most recent sale price for 38 BRIDGE WAY of £170,000 on 18th November 2020. For the value to have increased from £170,000 to £209,932 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 38 BRIDGE WAY has moved in line with the HPI for terraced houses in the South Ribble local authority area.
• The November 2020 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 38 BRIDGE WAY has not materially changed since November 2020.

How Large is 38 BRIDGE WAY?

38 BRIDGE WAY is 58m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of terraced houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bamber Bridge, and where 38 BRIDGE WAY lies on this distribution: 4% of terraced houses houses are smaller than 38 BRIDGE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

38 BRIDGE WAY: Plot and Title Map

38 BRIDGE WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 38 BRIDGE WAY, 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 38 BRIDGE WAY). 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 38 BRIDGE WAY?

38 BRIDGE WAY is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 38 on BRIDGE WAY.