1, CHERRY TREES, LOSTOCK HALL, PRESTON, PR5 5ZA - £175,000

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.

1 CHERRY TREES is a detached house, which could now be worth an estimated £216,264. It was last sold for £175,000 in February 2021, which was around 32% below the average February 2021 detached price in the South Ribble local authority area.

1 CHERRY TREES Sold Prices

Land registry data shows two sales for 1 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 1 CHERRY TREES 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 19 FEB	£175,000	£258,974	32% below HPI
1995 21 DEC	£65,000	£77,092	16% below HPI

What might 1 CHERRY TREES be worth now?

1 CHERRY TREES might now be worth an estimated £216,264.

This is based on house price inflation of 23.6%, between February 2021 and April 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 23.6% inflationary increase is applied to the most recent sale price for 1 CHERRY TREES of £175,000 on 19th February 2021. For the value to have increased from £175,000 to £216,264 over the four years and ten months to April 2026, the following assumptions must hold true:

• The value of 1 CHERRY TREES has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The February 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHERRY TREES has not materially changed since February 2021.

Where is 1 CHERRY TREES?

1 CHERRY TREES is located in LOSTOCK HALL, in the PR5 postcode district.