5, Spout Lane
5, Spout Lane
Description & Estimates
Public records show 5, Spout Lane, Preston to be a modern freehold house with 1,119 ft2 of internal area, sitting on a 317 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Spout Lane, Preston has an estimated sale value of £371,496 and an estimated rental value of £1,297 per month, assuming reasonable condition and based on the information available.
Spout Lane, Longridge, Preston, PR3 lies in the borough of Ribble Valley, within the PR3 postal district.
Our Data Sources
5, Spout Lane, Preston has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 5, Spout Lane, Preston would be worth £390,070, with a potential rental value of £1,362 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £345,491, with a rental value of £1,206 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Spout Lane, Preston has fallen by £147 (0.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £44 (3.4%). The property's estimated gross yield is currently 4.2%.
Plot Size
5, Spout Lane, Preston occupies a 317 m2 plot as recorded by HM Land Registry.
Of the 24 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
5, Spout Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Spout Lane, Preston last changed hands on 28th April 2022, selling for £275,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 20.4% since April 2022.
- Sold Apr 2022£275,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 5, Spout Lane, Preston across the last 2 years.
Most recently, 7, Spout Lane, Preston, PR3 3BZ, a freehold house, sold at £295,000 on the 10th January 2025.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Spout Lane, Preston as the 24th largest and the 24th most expensive of the 24 addresses on Spout Lane, Longridge, Preston, PR3.
Against the PR3 postcode district average, it is £58k more expensive than the typical property.
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Schools Nearby
- 1.2kmAlston Lane Catholic Primary School, Longridge
- 1.3kmLongridge Church of England Primary School
- 1.6kmLongridge St Wilfrid's Roman Catholic Primary School
- 700mSt Cecilia's RC High School
- 800mLongridge High School
- 7.7kmCorpus Christi Catholic High School
More reading links
Public Transport Nearby
Ramsgreave & Wilpshire station is the nearest stop to 5, Spout Lane, Preston at 9.3 kilometres away.
- 9.3kmRamsgreave & Wilpshire
- 9.7kmPreston (Lancs)
- 10.4kmLangho
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
