16, REDCAR AVENUE, INGOL, PRESTON, PR2 3YY - £215,000

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

16 REDCAR AVENUE is a very small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £215,000 in August 2022, which was around 28% below the average August 2022 detached price in the Preston local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

16 REDCAR AVENUE Sold Prices

Land registry data shows two sales for 16 REDCAR AVENUE 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 16 REDCAR 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
2022 23 AUG	£215,000	£298,184	28% below HPI
2020 20 OCT	£143,000	£254,821	44% below HPI

16 REDCAR 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 two 16 REDCAR AVENUE sales from October 2020 and August 2022 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 October 2020 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 REDCAR AVENUE be worth now?

16 REDCAR AVENUE might now be worth an estimated £234,611.

This is based on house price inflation of 9.1%, between August 2022 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 9.1% inflationary increase is applied to the most recent sale price for 16 REDCAR AVENUE of £215,000 on 23rd August 2022. For the value to have increased from £215,000 to £234,611 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 16 REDCAR AVENUE has moved in line with the HPI for detached houses in the Preston local authority area.
• The August 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REDCAR AVENUE has not materially changed since August 2022.

How Large is 16 REDCAR AVENUE?

16 REDCAR AVENUE is 91m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulwood, and where 16 REDCAR AVENUE lies on this distribution: 20% of detached houses houses are smaller than 16 REDCAR AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

16 REDCAR AVENUE: Plot and Title Map

16 REDCAR AVENUE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 16 REDCAR 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 REDCAR 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 REDCAR AVENUE?

16 REDCAR AVENUE is located in INGOL, in the PR2 postcode district. The below map shows the position of No. 16 on REDCAR AVENUE.