LYNWOOD, NEVILLE STREET, LONGRIDGE, PRESTON, PR3 3FD - £295,000

LYNWOOD is a midsized extended detached house of 121m², built sometime between 2003 and 2006. It was last sold for £295,000 in August 2021, which was around 22% below the average August 2021 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

LYNWOOD Sold Prices

Land registry data shows three sales for LYNWOOD 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 LYNWOOD 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
2021 6 AUG	£295,000	£377,968	22% below HPI
2007 14 DEC	£210,000	£328,267	36% below HPI
2004 18 AUG	£80,000	£243,162	67% below HPI

LYNWOOD 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 LYNWOOD sales between August 2004 and August 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 December 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is LYNWOOD?

LYNWOOD is 121m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where LYNWOOD lies on this distribution: 49% of detached houses are smaller than LYNWOOD, and 51% of houses are larger. Note that EPC data is not available for all properties in Longridge.

LYNWOOD: Plot and Title Map

LYNWOOD sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of LYNWOOD, 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 LYNWOOD). 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 LYNWOOD?

LYNWOOD is located on NEVILLE STREET in LONGRIDGE, in the PR3 postcode district. The below map shows the position of LYNWOOD on NEVILLE STREET.