119, SAVICK WAY, LEA, PRESTON, PR2 1XA - £119,995

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.

119 SAVICK WAY is a very small semi-detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £172,465. It was last sold for £119,995 in August 2014, which was around 11% below the average August 2014 semi-detached price in the Preston local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

119 SAVICK WAY Sold Prices

Land registry data shows two sales for 119 SAVICK WAY 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 119 SAVICK WAY 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
2014 18 AUG	£119,995	£134,993	11% below HPI
1998 1 OCT	£39,000	£51,832	25% below HPI

119 SAVICK WAY 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 119 SAVICK WAY sales from October 1998 and August 2014 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 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 119 SAVICK WAY be worth now?

119 SAVICK WAY might now be worth an estimated £172,465.

This is based on house price inflation of 43.7%, between August 2014 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 43.7% inflationary increase is applied to the most recent sale price for 119 SAVICK WAY of £119,995 on 18th August 2014. For the value to have increased from £119,995 to £172,465 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 119 SAVICK WAY has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The August 2014 sale price of £119,995 represented a fair market value for the property.
• The size, condition, and specification of 119 SAVICK WAY has not materially changed since August 2014.

How Large is 119 SAVICK WAY?

119 SAVICK WAY is 61m² according to the EPC inspection conducted in April 2014. 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 119 SAVICK WAY lies on this distribution: 4% of semi-detached houses houses are smaller than 119 SAVICK WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Preston.

119 SAVICK WAY: Plot and Title Map

119 SAVICK WAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 119 SAVICK WAY, 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 119 SAVICK WAY). 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 119 SAVICK WAY?

119 SAVICK WAY is located in LEA, in the PR2 postcode district. The below map shows the position of No. 119 on SAVICK WAY.