14, THE HILLS, GRIMSARGH, PRESTON, PR2 5BF - £230,000

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

14 THE HILLS is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £230,000 in August 2022, which was around 18% below the average August 2022 detached price in the Preston local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

14 THE HILLS Sold Prices

Land registry data shows four sales for 14 THE HILLS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 14 THE HILLS 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
2022 19 AUG	£230,000	£279,775	18% below HPI
2016 30 AUG	£185,000	£225,980	18% below HPI
2013 25 JUL	£174,500	£209,856	17% below HPI
1998 17 JUL	£73,950	£85,438	13% below HPI

14 THE HILLS 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 four 14 THE HILLS sales between July 1998 and August 2022 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 August 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2022 sale, which was also at 18% below the HPI.

How Large is 14 THE HILLS?

14 THE HILLS is 76m² according to the EPC inspection conducted in June 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 14 THE HILLS lies on this distribution: 14% of detached houses are smaller than 14 THE HILLS, and 85% of houses are larger. Note that EPC data is not available for all properties in Preston.

14 THE HILLS: Plot and Title Map

14 THE HILLS sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 14 THE HILLS, 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 14 THE HILLS). 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 14 THE HILLS?

14 THE HILLS is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 14 on THE HILLS.