16, FIR TREES AVENUE, RIBBLETON, PRESTON, PR2 6PP - £128,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 FIR TREES AVENUE is a very small detached house of 35m², built sometime between 1950 and 1966. It was last sold for £128,000 in November 2019, which was around 44% below the average November 2019 detached price in the Preston local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

16 FIR TREES AVENUE Sold Prices

Land registry data shows four sales for 16 FIR TREES AVENUE 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 16 FIR TREES AVENUE 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
2019 6 NOV	£128,000	£229,598	44% below HPI
2004 1 MAR	£93,000	£159,742	42% below HPI
2001 11 MAY	£43,500	£100,875	57% below HPI
1996 14 JUN	£38,000	£79,700	52% below HPI

16 FIR TREES AVENUE 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 16 FIR TREES AVENUE sales between June 1996 and November 2019 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 March 2004 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 16 FIR TREES AVENUE?

16 FIR TREES AVENUE is 35m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 16 FIR TREES AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 16 FIR TREES AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Preston.

16 FIR TREES AVENUE: Plot and Title Map

16 FIR TREES AVENUE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 16 FIR TREES AVENUE, 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 16 FIR TREES AVENUE). 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 16 FIR TREES AVENUE?

16 FIR TREES AVENUE is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 16 on FIR TREES AVENUE.