42, SEVERN STREET, LONGRIDGE, PRESTON, PR3 3ND - £145,000

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 SEVERN STREET is a very small terraced house of 61m², which could now be worth an estimated £183,253. It was last sold for £145,000 in June 2018, which was around 9% below the average June 2018 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

42 SEVERN STREET Sold Prices

Land registry data shows two sales for 42 SEVERN STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 42 SEVERN 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
2018 15 JUN	£145,000	£158,985	9% below HPI
2016 19 JUL	£137,500	£152,570	10% below HPI

42 SEVERN STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 42 SEVERN STREET sales from July 2016 and June 2018 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 42 SEVERN STREET be worth now?

42 SEVERN STREET might now be worth an estimated £183,253.

This is based on house price inflation of 26.4%, between June 2018 and August 2025, for terraced 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 26.4% inflationary increase is applied to the most recent sale price for 42 SEVERN STREET of £145,000 on 15th June 2018. For the value to have increased from £145,000 to £183,253 over the six years and ten months to August 2025, the following assumptions must hold true:

• The value of 42 SEVERN STREET has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The June 2018 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SEVERN STREET has not materially changed since June 2018.

How Large is 42 SEVERN STREET?

42 SEVERN STREET is 61m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of terraced houses houses in Longridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Longridge, and where 42 SEVERN STREET lies on this distribution: 3% of terraced houses houses are smaller than 42 SEVERN STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Longridge.

42 SEVERN STREET: Plot and Title Map

42 SEVERN STREET sits on a plot of roughly 0.020 of an acre, or 80m². The below map shows the location of 42 SEVERN 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 42 SEVERN 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 42 SEVERN STREET?

42 SEVERN STREET is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 42 on SEVERN STREET.