4, MILLS WAY, CHIPPING, PRESTON, PR3 2DP - £280,000

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.

4 MILLS WAY is a very small detached house of 102m², built in 2019, which could now be worth an estimated £352,955. It was last sold for £280,000 in September 2019, which was around 21% below the average September 2019 detached price in the Ribble Valley local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

4 MILLS WAY Sold Prices

Land registry data shows one sale for 4 MILLS WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 20 SEP	£280,000	£353,131	21% below HPI

What might 4 MILLS WAY be worth now?

4 MILLS WAY might now be worth an estimated £352,955.

This is based on house price inflation of 26.1%, between September 2019 and May 2026, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.1% inflationary increase is applied to the most recent sale price for 4 MILLS WAY of £280,000 on 20th September 2019. For the value to have increased from £280,000 to £352,955 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 4 MILLS WAY has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The September 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILLS WAY has not materially changed since September 2019.

How Large is 4 MILLS WAY?

4 MILLS WAY is 102m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Chipping, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping, and where 4 MILLS WAY lies on this distribution: 5% of detached houses are smaller than 4 MILLS WAY, and 88% of detached houses are larger. Note that EPC data is not available for all properties in Chipping.

4 MILLS WAY: Plot

4 MILLS WAY sits on a plot of roughly 0.084 of an acre, or 339m².

Where is 4 MILLS WAY?

4 MILLS WAY is located in CHIPPING, in the PR3 postcode district.