55, ARROWSMITH DRIVE, HOGHTON, PRESTON, PR5 0DT - £150,000

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.

55 ARROWSMITH DRIVE is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £190,909. It was last sold for £150,000 in April 2021, which was around 10% below the average April 2021 semi-detached price in the South Ribble local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

55 ARROWSMITH DRIVE Sold Prices

Land registry data shows three sales for 55 ARROWSMITH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Ribble local authority area for the corresponding sale date. Two of the three 55 ARROWSMITH DRIVE sales were for below the average price, whilst one was 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
2021 30 APR	£150,000	£165,788	10% below HPI
2010 30 JUN	£125,000	£139,291	10% below HPI
2001 31 AUG	£67,995	£63,496	7% above HPI

55 ARROWSMITH DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Ribble local authority area over time, sourced from the HPI. The three 55 ARROWSMITH DRIVE sales between August 2001 and April 2021 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2021 sale, which was also at 10% below the HPI.

What might 55 ARROWSMITH DRIVE be worth now?

55 ARROWSMITH DRIVE might now be worth an estimated £190,909.

This is based on house price inflation of 27.3%, between April 2021 and May 2026, for semi-detached 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 27.3% inflationary increase is applied to the most recent sale price for 55 ARROWSMITH DRIVE of £150,000 on 30th April 2021. For the value to have increased from £150,000 to £190,909 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 55 ARROWSMITH DRIVE has moved in line with the HPI for semi-detached houses in the South Ribble local authority area.
• The April 2021 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 55 ARROWSMITH DRIVE has not materially changed since April 2021.

How Large is 55 ARROWSMITH DRIVE?

55 ARROWSMITH DRIVE is 72m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Gregson Lane, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gregson Lane, and where 55 ARROWSMITH DRIVE lies on this distribution: 5% of semi-detached houses houses are smaller than 55 ARROWSMITH DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gregson Lane.

55 ARROWSMITH DRIVE: Plot and Title Map

55 ARROWSMITH DRIVE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 55 ARROWSMITH DRIVE, 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 55 ARROWSMITH DRIVE). 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 55 ARROWSMITH DRIVE?

55 ARROWSMITH DRIVE is located in HOGHTON, in the PR5 postcode district. The below map shows the position of No. 55 on ARROWSMITH DRIVE.