1, THE SHIRES, LEA, PRESTON, PR4 0DN - £685,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE SHIRES is a very large extended detached house of 362m², built sometime from 2012 onwards. It was last sold for £685,000 in December 2019, which was around 198% above the average December 2019 detached price in the Preston local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

1 THE SHIRES Sold Prices

Land registry data shows two sales for 1 THE SHIRES 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 THE SHIRES 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
2019 20 DEC	£685,000	£229,770	198% above HPI
2014 30 JUN	£570,000	£209,608	172% above HPI

1 THE SHIRES 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 THE SHIRES sales from June 2014 and December 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 June 2014 sale was for 172% above the HPI. So the extrapolation line tracks at 172% above the HPI over time, until the December 2019 sale, where it rises to 198% above the HPI. The line then continues to track at 198% above the HPI.

How Large is 1 THE SHIRES?

1 THE SHIRES is 362m², which includes three extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 1 THE SHIRES lies on this distribution: More than 99% of detached houses are smaller than 1 THE SHIRES, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Preston.

1 THE SHIRES: Plot and Title Map

1 THE SHIRES sits on a plot of roughly 0.215 of an acre, or 872m². The below map shows the location of 1 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

1 THE SHIRES is located in LEA, in the PR4 postcode district. The below map shows the position of No. 1 on THE SHIRES.