15, CHEDDAR DRIVE, FULWOOD, PRESTON, PR2 9HA - £195,000

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

15 CHEDDAR DRIVE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £195,000 in December 2020, which was around 19% below the average December 2020 detached price in the Preston local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

15 CHEDDAR DRIVE Sold Prices

Land registry data shows five sales for 15 CHEDDAR DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the five 15 CHEDDAR DRIVE 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
2020 23 DEC	£195,000	£240,907	19% below HPI
2014 23 MAY	£175,000	£205,718	15% below HPI
2004 14 MAY	£152,000	£173,086	12% below HPI
1999 10 MAY	£71,995	£89,138	19% below HPI
1999 6 APR	£70,000	£87,101	20% below HPI

15 CHEDDAR 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 five 15 CHEDDAR DRIVE sales between April 1999 and December 2020 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 May 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 CHEDDAR DRIVE?

15 CHEDDAR DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 15 CHEDDAR DRIVE lies on this distribution: 29% of detached houses are smaller than 15 CHEDDAR DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Preston.

15 CHEDDAR DRIVE: Plot and Title Map

15 CHEDDAR DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 15 CHEDDAR 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 15 CHEDDAR 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 15 CHEDDAR DRIVE?

15 CHEDDAR DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 15 on CHEDDAR DRIVE.