1, MOORGATE, FULWOOD, PRESTON, PR2 8LT - £265,000

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.

1 MOORGATE is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £289,923. It was last sold for £265,000 in July 2023, which was around 12% below the average July 2023 detached price in the Preston local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

1 MOORGATE Sold Prices

Land registry data shows two sales for 1 MOORGATE 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 MOORGATE 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
2023 21 JUL	£265,000	£300,321	12% below HPI
2023 17 FEB	£230,000	£298,889	23% below HPI

1 MOORGATE 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 MOORGATE sales from February 2023 and July 2023 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 February 2023 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 MOORGATE be worth now?

1 MOORGATE might now be worth an estimated £289,923.

This is based on house price inflation of 9.4%, between July 2023 and February 2025, 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 9.4% inflationary increase is applied to the most recent sale price for 1 MOORGATE of £265,000 on 21st July 2023. For the value to have increased from £265,000 to £289,923 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 1 MOORGATE has moved in line with the HPI for detached houses in the Preston local authority area.
• The July 2023 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MOORGATE has not materially changed since July 2023.

How Large is 1 MOORGATE?

1 MOORGATE is 93m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulwood, and where 1 MOORGATE lies on this distribution: 22% of detached houses houses are smaller than 1 MOORGATE, and 77% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

1 MOORGATE: Plot and Title Map

1 MOORGATE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 1 MOORGATE, 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 MOORGATE). 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 MOORGATE?

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