1, GREGSON WAY, FULWOOD, PRESTON, PR2 8WY - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GREGSON WAY is a very large extended detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £427,090. It was last sold for £360,000 in September 2021, which was around 31% above the average September 2021 detached price in the Preston local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

1 GREGSON WAY Sold Prices

Land registry data shows two sales for 1 GREGSON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 1 GREGSON WAY sales were for above 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 24 SEP	£360,000	£274,269	31% above HPI
2017 4 AUG	£275,000	£239,950	15% above HPI

1 GREGSON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 1 GREGSON WAY sales from August 2017 and September 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 August 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 1 GREGSON WAY be worth now?

1 GREGSON WAY might now be worth an estimated £427,090.

This is based on house price inflation of 18.6%, between September 2021 and December 2024, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 1 GREGSON WAY of £360,000 on 24th September 2021. For the value to have increased from £360,000 to £427,090 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 GREGSON WAY has moved in line with the HPI for detached houses in the Preston local authority area.
• The September 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREGSON WAY has not materially changed since September 2021.

How Large is 1 GREGSON WAY?

1 GREGSON WAY is 139m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 1 GREGSON WAY lies on this distribution: 81% of detached houses houses are smaller than 1 GREGSON WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Preston.

1 GREGSON WAY: Plot and Title Map

1 GREGSON WAY sits on a plot of roughly 0.224 of an acre, or 907m². The below map shows the location of 1 GREGSON WAY, 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 1 GREGSON WAY). 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 1 GREGSON WAY?

1 GREGSON WAY is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 1 on GREGSON WAY.