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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 23% 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	£232,905	23% below HPI
2014 24 OCT	£160,000	£227,059	30% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 12 LEADALE be worth now?

12 LEADALE might now be worth an estimated £251,471.

This is based on house price inflation of 39.7%, between December 2015 and December 2024, for 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 39.7% inflationary increase is applied to the most recent sale price for 12 LEADALE of £180,000 on 16th December 2015. For the value to have increased from £180,000 to £251,471 over the nine years to December 2024, the following assumptions must hold true:

• The value of 12 LEADALE has moved in line with the HPI for detached houses in the Preston local authority area.
• The December 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LEADALE has not materially changed since December 2015.

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 houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 12 LEADALE lies on this distribution: 29% of detached houses 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.