56, TOWNSWAY, LOSTOCK HALL, PRESTON, PR5 5YQ - £185,000

56 TOWNSWAY is a small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £185,000 in May 2019, which was around 27% below the average May 2019 detached price in the South Ribble local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

56 TOWNSWAY Sold Prices

Land registry data shows three sales for 56 TOWNSWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the three 56 TOWNSWAY 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
2019 2 MAY	£185,000	£253,198	27% below HPI
2007 15 JUN	£174,950	£234,488	25% below HPI
1999 10 SEP	£53,000	£94,091	44% below HPI

56 TOWNSWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The three 56 TOWNSWAY sales between September 1999 and May 2019 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 56 TOWNSWAY?

56 TOWNSWAY is 86m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bamber Bridge, and where 56 TOWNSWAY lies on this distribution: 26% of detached houses are smaller than 56 TOWNSWAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

56 TOWNSWAY: Plot and Title Map

56 TOWNSWAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 56 TOWNSWAY, 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 56 TOWNSWAY). 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 56 TOWNSWAY?

56 TOWNSWAY is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 56 on TOWNSWAY.