5, SPRINGS ROAD, LONGRIDGE, PRESTON, PR3 3TE - £258,000

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.

5 SPRINGS ROAD is a small extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £324,980. It was last sold for £258,000 in March 2020, which was around 28% below the average March 2020 detached price in the Ribble Valley local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

5 SPRINGS ROAD Sold Prices

Land registry data shows three sales for 5 SPRINGS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 5 SPRINGS ROAD 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
2020 27 MAR	£258,000	£357,262	28% below HPI
2005 24 OCT	£180,000	£293,053	39% below HPI
2000 16 OCT	£92,500	£136,572	32% below HPI

5 SPRINGS ROAD 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 three 5 SPRINGS ROAD sales between October 2000 and March 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 October 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 SPRINGS ROAD be worth now?

5 SPRINGS ROAD might now be worth an estimated £324,980.

This is based on house price inflation of 26%, between March 2020 and August 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 26% inflationary increase is applied to the most recent sale price for 5 SPRINGS ROAD of £258,000 on 27th March 2020. For the value to have increased from £258,000 to £324,980 over the four years and seven months to August 2025, the following assumptions must hold true:

• The value of 5 SPRINGS ROAD has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The March 2020 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGS ROAD has not materially changed since March 2020.

How Large is 5 SPRINGS ROAD?

5 SPRINGS ROAD is 114m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longridge, and where 5 SPRINGS ROAD lies on this distribution: 39% of detached houses houses are smaller than 5 SPRINGS ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Longridge.

5 SPRINGS ROAD: Plot and Title Map

5 SPRINGS ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 5 SPRINGS 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 5 SPRINGS 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 5 SPRINGS ROAD?

5 SPRINGS ROAD is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 5 on SPRINGS ROAD.