1, MILLER FIELD, LEA, PRESTON, PR2 1XB - £128,000

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 MILLER FIELD is a very small semi-detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £174,263. It was last sold for £128,000 in June 2019, which was around 10% below the average June 2019 semi-detached price in the Preston local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

1 MILLER FIELD Sold Prices

Land registry data shows two sales for 1 MILLER FIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. Both of the two 1 MILLER FIELD 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
2019 13 JUN	£128,000	£141,498	10% below HPI
2002 9 DEC	£69,950	£75,831	8% below HPI

1 MILLER FIELD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The two 1 MILLER FIELD sales from December 2002 and June 2019 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 December 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 MILLER FIELD be worth now?

1 MILLER FIELD might now be worth an estimated £174,263.

This is based on house price inflation of 36.1%, between June 2019 and December 2024, for semi-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 36.1% inflationary increase is applied to the most recent sale price for 1 MILLER FIELD of £128,000 on 13th June 2019. For the value to have increased from £128,000 to £174,263 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 1 MILLER FIELD has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The June 2019 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILLER FIELD has not materially changed since June 2019.

How Large is 1 MILLER FIELD?

1 MILLER FIELD is 48m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of semi-detached houses houses in Preston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preston, and where 1 MILLER FIELD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 1 MILLER FIELD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Preston.

1 MILLER FIELD: Plot and Title Map

1 MILLER FIELD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 1 MILLER FIELD, 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 MILLER FIELD). 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 MILLER FIELD?

1 MILLER FIELD is located in LEA, in the PR2 postcode district. The below map shows the position of No. 1 on MILLER FIELD.