15, REED CRESCENT, GRIMSARGH, PRESTON, PR2 5UA - £384,995

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 REED CRESCENT is a midsized detached house of 139m², built in 2021, which could now be worth an estimated £407,346. It was last sold for £384,995 in December 2023, which was around 24% above the average December 2023 detached price in the Preston local authority area. The most recent EPC inspection was November 2023, where the current energy rating was B, and the potential energy rating was A.

15 REED CRESCENT Sold Prices

Land registry data shows two sales for 15 REED CRESCENT 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 REED CRESCENT 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
2023 8 DEC	£384,995	£310,538	24% above HPI
2021 13 SEP	£2,950,000	£274,269	976% above HPI

15 REED CRESCENT 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 REED CRESCENT sales from September 2021 and December 2023 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 September 2021 sale was for 976% above the HPI. So the extrapolation line tracks at 976% above the HPI over time, until the December 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 15 REED CRESCENT be worth now?

15 REED CRESCENT might now be worth an estimated £407,346.

This is based on house price inflation of 5.8%, between December 2023 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 5.8% inflationary increase is applied to the most recent sale price for 15 REED CRESCENT of £384,995 on 8th December 2023. For the value to have increased from £384,995 to £407,346 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 REED CRESCENT has moved in line with the HPI for detached houses in the Preston local authority area.
• The December 2023 sale price of £384,995 represented a fair market value for the property.
• The size, condition, and specification of 15 REED CRESCENT has not materially changed since December 2023.

How Large is 15 REED CRESCENT?

15 REED CRESCENT is 139m² according to the EPC inspection conducted in November 2023. This puts it in the largest 50% 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 15 REED CRESCENT lies on this distribution: 49% of detached houses houses are smaller than 15 REED CRESCENT, and 49% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

15 REED CRESCENT: Plot and Title Map

15 REED CRESCENT sits on a plot of roughly 12.2 acres, or 49,192m². The below map shows the location of 15 REED CRESCENT, 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 REED CRESCENT). 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 REED CRESCENT?

15 REED CRESCENT is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 15 on REED CRESCENT.