111, ROYAL DRIVE, FULWOOD, PRESTON, PR2 3AX - £120,000

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

111 ROYAL DRIVE is a very small detached house of 62m², built sometime between 2003 and 2006. It was last sold for £120,000 in March 2012, which was around 42% below the average March 2012 detached price in the Preston local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was A.

111 ROYAL DRIVE Sold Prices

Land registry data shows two sales for 111 ROYAL DRIVE 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 111 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
2012 23 MAR	£120,000	£208,374	42% below HPI
2005 27 OCT	£124,950	£208,107	40% below HPI

111 ROYAL DRIVE 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 111 ROYAL DRIVE sales from October 2005 and March 2012 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 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2012 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 111 ROYAL DRIVE?

111 ROYAL DRIVE is 62m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 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 111 ROYAL DRIVE lies on this distribution: 4% of detached houses are smaller than 111 ROYAL DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Preston.

111 ROYAL DRIVE: Plot and Title Map

111 ROYAL DRIVE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 111 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 111 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.

Where is 111 ROYAL DRIVE?

111 ROYAL DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 111 on ROYAL DRIVE.