117, ROYAL DRIVE, FULWOOD, PRESTON, PR2 3AX - £220,000

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

117 ROYAL DRIVE is a small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £220,000 in August 2022, which was around 21% below the average August 2022 detached price in the Preston local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

117 ROYAL DRIVE Sold Prices

Land registry data shows five sales for 117 ROYAL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the five 117 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
2022 5 AUG	£220,000	£279,775	21% below HPI
2021 18 JUN	£185,000	£248,299	25% below HPI
2010 30 APR	£168,000	£211,847	21% below HPI
2008 23 JAN	£165,000	£243,207	32% below HPI
2004 16 JAN	£151,950	£162,627	7% below HPI

117 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 five 117 ROYAL DRIVE sales between January 2004 and August 2022 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 June 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 117 ROYAL DRIVE?

117 ROYAL DRIVE is 84m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 117 ROYAL DRIVE lies on this distribution: 24% of detached houses are smaller than 117 ROYAL DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Preston.

117 ROYAL DRIVE: Plot and Title Map

117 ROYAL DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 117 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 117 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 117 ROYAL DRIVE?

117 ROYAL DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 117 on ROYAL DRIVE.