111, RONALDSWAY, PRESTON, PR1 6EQ - £120,000

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.

111 RONALDSWAY is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £146,689. It was last sold for £120,000 in February 2021, which was around 24% below the average February 2021 semi-detached price in the Preston local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

111 RONALDSWAY Sold Prices

Land registry data shows two sales for 111 RONALDSWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. Both of the two 111 RONALDSWAY 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
2021 26 FEB	£120,000	£158,720	24% below HPI
2018 26 SEP	£89,000	£142,952	38% below HPI

111 RONALDSWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The two 111 RONALDSWAY sales from September 2018 and February 2021 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 September 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 111 RONALDSWAY be worth now?

111 RONALDSWAY might now be worth an estimated £146,689.

This is based on house price inflation of 22.2%, between February 2021 and February 2025, for semi-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 22.2% inflationary increase is applied to the most recent sale price for 111 RONALDSWAY of £120,000 on 26th February 2021. For the value to have increased from £120,000 to £146,689 over the four years to February 2025, the following assumptions must hold true:

• The value of 111 RONALDSWAY has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The February 2021 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 111 RONALDSWAY has not materially changed since February 2021.

How Large is 111 RONALDSWAY?

111 RONALDSWAY is 56m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of semi-detached houses houses in Preston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preston, and where 111 RONALDSWAY lies on this distribution: 2% of semi-detached houses houses are smaller than 111 RONALDSWAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Preston.

111 RONALDSWAY: Plot and Title Map

111 RONALDSWAY sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 111 RONALDSWAY, 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 111 RONALDSWAY). 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 111 RONALDSWAY?

111 RONALDSWAY is located in PRESTON, in the PR1 postcode district. The below map shows the position of No. 111 on RONALDSWAY.