8, CHERRY TREES, LOSTOCK HALL, PRESTON, PR5 5ZA - £295,000

8 CHERRY TREES is a large extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £295,000 in September 2017, which was around 18% above the average September 2017 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

8 CHERRY TREES Sold Prices

Land registry data shows two sales for 8 CHERRY TREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Both of the two 8 CHERRY TREES sales were 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
2017 29 SEP	£295,000	£250,458	18% above HPI
1997 31 OCT	£109,500	£86,374	27% above HPI

8 CHERRY TREES 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 two 8 CHERRY TREES sales from October 1997 and September 2017 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 1997 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 8 CHERRY TREES?

8 CHERRY TREES is 126m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 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 8 CHERRY TREES lies on this distribution: 78% of detached houses are smaller than 8 CHERRY TREES, and 20% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

8 CHERRY TREES: Plot and Title Map

8 CHERRY TREES sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 8 CHERRY TREES, 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 8 CHERRY TREES). 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 8 CHERRY TREES?

8 CHERRY TREES is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 8 on CHERRY TREES.