42, RIBBY ROAD, KIRKHAM, PRESTON, PR4 2BA - £225,000

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.

42 RIBBY ROAD is a small extended terraced house of 103m², built sometime between 1900 and 1929, which could now be worth an estimated £245,709. It was last sold for £225,000 in June 2022, which was around 26% above the average June 2022 terraced price in the Fylde local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

42 RIBBY ROAD Sold Prices

Land registry data shows three sales for 42 RIBBY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Fylde local authority area for the corresponding sale date. Two of the three 42 RIBBY ROAD sales were for above the average price, whilst one was 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 17 JUN	£225,000	£178,899	26% above HPI
2020 30 OCT	£192,000	£161,117	19% above HPI
2015 21 OCT	£131,250	£141,667	7% below HPI

42 RIBBY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fylde local authority area over time, sourced from the HPI. The three 42 RIBBY ROAD sales between October 2015 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 October 2020 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 42 RIBBY ROAD be worth now?

42 RIBBY ROAD might now be worth an estimated £245,709.

This is based on house price inflation of 9.2%, between June 2022 and May 2026, for terraced houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.2% inflationary increase is applied to the most recent sale price for 42 RIBBY ROAD of £225,000 on 17th June 2022. For the value to have increased from £225,000 to £245,709 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 42 RIBBY ROAD has moved in line with the HPI for terraced houses in the Fylde local authority area.
• The June 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 42 RIBBY ROAD has not materially changed since June 2022.

How Large is 42 RIBBY ROAD?

42 RIBBY ROAD is 103m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of terraced houses houses in Kirkham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kirkham, and where 42 RIBBY ROAD lies on this distribution: 32% of terraced houses houses are smaller than 42 RIBBY ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Kirkham.

42 RIBBY ROAD: Plot and Title Map

42 RIBBY ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 42 RIBBY ROAD, 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 42 RIBBY ROAD). 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 42 RIBBY ROAD?

42 RIBBY ROAD is located in KIRKHAM, in the PR4 postcode district. The below map shows the position of No. 42 on RIBBY ROAD.