15, LAVENDER CLOSE, FULWOOD, PRESTON, PR2 9RA - £162,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 LAVENDER CLOSE is a very small extended detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £166,310. It was last sold for £162,500 in October 2024, which was around 49% below the average October 2024 detached price in the Preston local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

15 LAVENDER CLOSE Sold Prices

Land registry data shows two sales for 15 LAVENDER CLOSE 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 15 LAVENDER CLOSE 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
2024 3 OCT	£162,500	£321,038	49% below HPI
1997 30 MAY	£62,000	£85,407	27% below HPI

15 LAVENDER CLOSE 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 15 LAVENDER CLOSE sales from May 1997 and October 2024 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 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2024 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 15 LAVENDER CLOSE be worth now?

15 LAVENDER CLOSE might now be worth an estimated £166,310.

This is based on house price inflation of 2.3%, between October 2024 and February 2025, 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 2.3% inflationary increase is applied to the most recent sale price for 15 LAVENDER CLOSE of £162,500 on 3rd October 2024. For the value to have increased from £162,500 to £166,310 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 15 LAVENDER CLOSE has moved in line with the HPI for detached houses in the Preston local authority area.
• The October 2024 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 15 LAVENDER CLOSE has not materially changed since October 2024.

How Large is 15 LAVENDER CLOSE?

15 LAVENDER CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% 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 15 LAVENDER CLOSE lies on this distribution: 14% of detached houses houses are smaller than 15 LAVENDER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Preston.

15 LAVENDER CLOSE: Plot and Title Map

15 LAVENDER CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 15 LAVENDER CLOSE, 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 LAVENDER CLOSE). 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 LAVENDER CLOSE?

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