16, SWARBRICK AVENUE, GRIMSARGH, PRESTON, PR2 5JJ - £495,000

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.

16 SWARBRICK AVENUE is a large extended detached house of 171m², built sometime between 2003 and 2006, which could now be worth an estimated £559,626. It was last sold for £495,000 in July 2022, which was around 70% above the average July 2022 detached price in the Preston local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

16 SWARBRICK AVENUE Sold Prices

Land registry data shows two sales for 16 SWARBRICK 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 SWARBRICK AVENUE 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
2022 25 JUL	£495,000	£290,623	70% above HPI
2003 2 OCT	£273,950	£164,570	66% above HPI

16 SWARBRICK 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 SWARBRICK AVENUE sales from October 2003 and July 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 2003 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the July 2022 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 16 SWARBRICK AVENUE be worth now?

16 SWARBRICK AVENUE might now be worth an estimated £559,626.

This is based on house price inflation of 13.1%, between July 2022 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 13.1% inflationary increase is applied to the most recent sale price for 16 SWARBRICK AVENUE of £495,000 on 25th July 2022. For the value to have increased from £495,000 to £559,626 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 16 SWARBRICK AVENUE has moved in line with the HPI for detached houses in the Preston local authority area.
• The July 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SWARBRICK AVENUE has not materially changed since July 2022.

How Large is 16 SWARBRICK AVENUE?

16 SWARBRICK AVENUE is 171m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% 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 16 SWARBRICK AVENUE lies on this distribution: 65% of detached houses houses are smaller than 16 SWARBRICK AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

16 SWARBRICK AVENUE: Plot and Title Map

16 SWARBRICK AVENUE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 16 SWARBRICK 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 SWARBRICK 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 SWARBRICK AVENUE?

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