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
108 ROYAL DRIVE is a midsized detached house of 103m², built sometime between 2003 and 2006. It was last sold for £198,000 in September 2015, which was around 13% below the average September 2015 detached price in the Preston local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 108 ROYAL DRIVE since 1st 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 108 ROYAL DRIVE 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 |
---|---|---|---|
2015 29 SEP | £198,000 | £226,797 | 13% below HPI |
2005 18 NOV | £166,558 | £209,644 | 21% below HPI |
The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 108 ROYAL DRIVE sales from November 2005 and September 2015 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 November 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
108 ROYAL DRIVE is 103m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 108 ROYAL DRIVE lies on this distribution: 47% of detached houses are smaller than 108 ROYAL DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Preston.
108 ROYAL DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 108 ROYAL DRIVE, 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 108 ROYAL DRIVE). 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.
108 ROYAL DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 108 on ROYAL DRIVE.