10, SOMERSET PARK, FULWOOD, PRESTON, PR2 7HA - £320,000

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

10 SOMERSET PARK is a very large detached house of 167m², built sometime between 1991 and 1995. It was last sold for £320,000 in November 2018, which was around 40% above the average November 2018 detached price in the Preston local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

10 SOMERSET PARK Sold Prices

Land registry data shows three sales for 10 SOMERSET PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 10 SOMERSET PARK 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
2018 16 NOV	£320,000	£228,911	40% above HPI
2008 8 AUG	£280,000	£224,560	25% above HPI
2001 23 NOV	£164,950	£109,288	51% above HPI

10 SOMERSET PARK 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 three 10 SOMERSET PARK sales between November 2001 and November 2018 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 2008 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2018 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 10 SOMERSET PARK?

10 SOMERSET PARK is 167m² according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 10 SOMERSET PARK lies on this distribution: 84% of detached houses are smaller than 10 SOMERSET PARK, and 16% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

10 SOMERSET PARK: Plot and Title Map

10 SOMERSET PARK sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 10 SOMERSET PARK, 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 10 SOMERSET PARK). 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 10 SOMERSET PARK?

10 SOMERSET PARK is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 10 on SOMERSET PARK.