12, THE DRIVE, FULWOOD, PRESTON, PR2 8FF - £410,000

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 THE DRIVE is a very large extended detached house of 300m², built sometime between 1991 and 1995. It was last sold for £410,000 in September 2017, which was around 78% above the average September 2017 detached price in the Preston local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

12 THE DRIVE Sold Prices

Land registry data shows two sales for 12 THE DRIVE 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 THE DRIVE sales were for above 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 1 SEP	£410,000	£229,919	78% above HPI
2005 15 DEC	£395,000	£207,982	90% above HPI

12 THE 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 two 12 THE DRIVE sales from December 2005 and September 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 December 2005 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the September 2017 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 12 THE DRIVE?

12 THE DRIVE is 300m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 12 THE DRIVE lies on this distribution: 98% of detached houses are smaller than 12 THE DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

12 THE DRIVE: Plot and Title Map

12 THE DRIVE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 12 THE 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 12 THE 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 12 THE DRIVE?

12 THE DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 12 on THE DRIVE.