11, LAVENDER CLOSE, FULWOOD, PRESTON, PR2 9RA - £225,000

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

11 LAVENDER CLOSE is a large detached house of 119m², built sometime between 1991 and 1995. It was last sold for £225,000 in August 2019, which was around 5% below the average August 2019 detached price in the Preston local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

11 LAVENDER CLOSE Sold Prices

Land registry data shows two sales for 11 LAVENDER CLOSE 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 11 LAVENDER CLOSE 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 15 AUG	£225,000	£236,415	5% below HPI
2008 3 OCT	£177,500	£222,461	20% below HPI

11 LAVENDER CLOSE 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 11 LAVENDER CLOSE sales from October 2008 and August 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 October 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 LAVENDER CLOSE?

11 LAVENDER CLOSE is 119m² according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 11 LAVENDER CLOSE lies on this distribution: 64% of detached houses are smaller than 11 LAVENDER CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Preston.

11 LAVENDER CLOSE: Plot and Title Map

11 LAVENDER CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 11 LAVENDER CLOSE, 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 11 LAVENDER CLOSE). 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 11 LAVENDER CLOSE?

11 LAVENDER CLOSE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 11 on LAVENDER CLOSE.