142B, PRESTON ROAD, GRIMSARGH, PRESTON, PR2 5JQ - £325,000

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

142B PRESTON ROAD is a small detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £431,545. It was last sold for £325,000 in September 2017, which was around 33% above the average September 2017 detached price in the Preston local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

142B PRESTON ROAD Sold Prices

Land registry data shows four sales for 142B PRESTON ROAD 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 142B PRESTON ROAD 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 15 SEP	£325,000	£245,048	33% above HPI
2015 23 JUL	£320,000	£231,361	38% above HPI
2007 27 JUL	£390,000	£253,473	54% above HPI
1999 19 AUG	£142,000	£97,005	46% above HPI

142B PRESTON ROAD 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 142B PRESTON ROAD sales between August 1999 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 July 2015 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2017 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 142B PRESTON ROAD be worth now?

142B PRESTON ROAD might now be worth an estimated £431,545.

This is based on house price inflation of 32.8%, between September 2017 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 32.8% inflationary increase is applied to the most recent sale price for 142B PRESTON ROAD of £325,000 on 15th September 2017. For the value to have increased from £325,000 to £431,545 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 142B PRESTON ROAD has moved in line with the HPI for detached houses in the Preston local authority area.
• The September 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 142B PRESTON ROAD has not materially changed since September 2017.

How Large is 142B PRESTON ROAD?

142B PRESTON ROAD is 120m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsargh, and where 142B PRESTON ROAD lies on this distribution: 31% of detached houses houses are smaller than 142B PRESTON ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

142B PRESTON ROAD: Plot and Title Map

142B PRESTON ROAD sits on a plot of roughly 0.226 of an acre, or 916m². The below map shows the location of 142B PRESTON ROAD, 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 142B PRESTON ROAD). 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 142B PRESTON ROAD?

142B PRESTON ROAD is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 142B on PRESTON ROAD.