Prospect Lodge, Preston
Prospect Lodge, Preston
Description & Estimates
Public records show Prospect Lodge, Preston to be a modern freehold house with 3,530 ft2 of internal area, sitting on a 1,369 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Prospect Lodge, Preston has an estimated sale value of £716,238 and an estimated rental value of £1,938 per month, assuming reasonable condition and based on the information available.
Lower Lane, Longridge, Preston, PR3 lies in the borough of Ribble Valley, within the PR3 postal district.
Our Data Sources
Prospect Lodge, Preston has 2 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Prospect Lodge, Preston would be worth £752,050, with a potential rental value of £2,035 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £666,102, with a rental value of £1,802 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 Prospect Lodge, Preston has decreased by £2,173 (0.3%) over the last year. During the same period, its estimated monthly rental value has grown by £55 (2.9%). The property's estimated gross yield is currently 3.2%.
Plot Size
Prospect Lodge, Preston occupies a 1,369 m2 plot as recorded by HM Land Registry.
Of the 35 other houses in this postcode, 31 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
Prospect Lodge, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
Prospect Lodge, Preston last changed hands on 27th October 2015, selling for £590,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 30.4% since October 2015.
- Sold Oct 2015£590,000
- Sold Jul 2007£447,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 780 metres of Prospect Lodge, Preston across the last 2 years.
Most recently, Alston Lodge, Lower Lane, Preston, PR3 2YH, a freehold house, sold at £725,000 on the 26th May 2023.
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 Prospect Lodge, Preston as the 7th largest and the 8th most expensive of the 65 addresses on Lower Lane, Longridge, Preston, PR3.
Against the PR3 postcode district average, it is £403k more expensive than the typical property.
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Schools Nearby
- 500mLongridge Church of England Primary School
- 900mLongridge St Wilfrid's Roman Catholic Primary School
- 1.1kmBarnacre Road Primary School
- 400mSt Cecilia's RC High School
- 500mLongridge High School
- 8.4kmCorpus Christi Catholic High School
More reading links
Public Transport Nearby
Ramsgreave & Wilpshire station is the nearest stop to Prospect Lodge, Preston at 9.5 kilometres away.
- 9.5kmRamsgreave & Wilpshire
- 10.2kmLangho
- 10.6kmPreston (Lancs)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
