116, ROYAL DRIVE, FULWOOD, PRESTON, PR2 3AX - £129,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

116 ROYAL DRIVE is a very small detached house of 61m², built sometime between 2003 and 2006. It was last sold for £129,000 in August 2006, which was around 42% below the average August 2006 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.

116 ROYAL DRIVE Sold Prices

Land registry data shows two sales for 116 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 116 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
2006 8 AUG	£129,000	£220,795	42% below HPI
2005 12 AUG	£117,206	£203,903	43% below HPI

116 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 116 ROYAL DRIVE sales from August 2005 and August 2006 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 2005 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2006 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 116 ROYAL DRIVE?

116 ROYAL DRIVE is 61m² according to the EPC inspection conducted in June 2015. 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 116 ROYAL DRIVE lies on this distribution: 3% of detached houses are smaller than 116 ROYAL DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Preston.

116 ROYAL DRIVE: Plot and Title Map

116 ROYAL DRIVE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 116 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 116 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 116 ROYAL DRIVE?

116 ROYAL DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 116 on ROYAL DRIVE.