12, LEADALE, LEA, PRESTON, PR2 1YU - £180,000

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

12 LEADALE is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £180,000 in December 2015, which was around 18% below the average December 2015 detached price in the Preston local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

12 LEADALE Sold Prices

Land registry data shows two sales for 12 LEADALE 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 LEADALE 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
2015 16 DEC	£180,000	£218,526	18% below HPI
2014 24 OCT	£160,000	£213,041	25% below HPI

12 LEADALE 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 LEADALE sales from October 2014 and December 2015 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 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 LEADALE?

12 LEADALE is 88m² according to the EPC inspection conducted in June 2013. 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 12 LEADALE lies on this distribution: 29% of detached houses are smaller than 12 LEADALE, and 70% of houses are larger. Note that EPC data is not available for all properties in Preston.

12 LEADALE: Plot and Title Map

12 LEADALE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 12 LEADALE, 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 LEADALE). 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 LEADALE?

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