12, FRESHFIELDS, LEA, PRESTON, PR2 1TH - £167,000

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

12 FRESHFIELDS is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £167,000 in April 2017, which was around 25% below the average April 2017 detached price in the Preston local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

12 FRESHFIELDS Sold Prices

Land registry data shows two sales for 12 FRESHFIELDS 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 12 FRESHFIELDS 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
2017 25 APR	£167,000	£224,006	25% below HPI
2016 12 FEB	£180,000	£225,020	20% below HPI

12 FRESHFIELDS 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 12 FRESHFIELDS sales from February 2016 and April 2017 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 February 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 FRESHFIELDS?

12 FRESHFIELDS is 79m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 12 FRESHFIELDS lies on this distribution: 18% of detached houses are smaller than 12 FRESHFIELDS, and 81% of houses are larger. Note that EPC data is not available for all properties in Preston.

12 FRESHFIELDS: Plot and Title Map

12 FRESHFIELDS sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 12 FRESHFIELDS, 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 12 FRESHFIELDS). 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 12 FRESHFIELDS?

12 FRESHFIELDS is located in LEA, in the PR2 postcode district. The below map shows the position of No. 12 on FRESHFIELDS.