8, NORTH GROVE, LOSTOCK HALL, PRESTON, PR5 5UT - £249,950

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.

8 NORTH GROVE is a very large extended detached house of 142m², built sometime between 1976 and 1982, which could now be worth an estimated £334,950. It was last sold for £249,950 in July 2019, which was around 2% above the average July 2019 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

8 NORTH GROVE Sold Prices

Land registry data shows three sales for 8 NORTH GROVE 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. One of the three 8 NORTH GROVE sales was for above the average price, whilst two 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 JUL	£249,950	£244,448	2% above HPI
2015 16 DEC	£207,000	£220,799	6% below HPI
1999 29 OCT	£79,000	£91,685	14% below HPI

8 NORTH GROVE 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 8 NORTH GROVE sales between October 1999 and July 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 December 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 8 NORTH GROVE be worth now?

8 NORTH GROVE might now be worth an estimated £334,950.

This is based on house price inflation of 34%, between July 2019 and May 2026, for 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 34% inflationary increase is applied to the most recent sale price for 8 NORTH GROVE of £249,950 on 2nd July 2019. For the value to have increased from £249,950 to £334,950 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 8 NORTH GROVE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The July 2019 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 8 NORTH GROVE has not materially changed since July 2019.

How Large is 8 NORTH GROVE?

8 NORTH GROVE is 142m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where 8 NORTH GROVE lies on this distribution: 89% of detached houses houses are smaller than 8 NORTH GROVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

8 NORTH GROVE: Plot and Title Map

8 NORTH GROVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 8 NORTH GROVE, 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 NORTH GROVE). 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 NORTH GROVE?

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