16, THE HILLS, GRIMSARGH, PRESTON, PR2 5BF - £96,500

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.

16 THE HILLS is a small extended detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £272,661. It was last sold for £96,500 in October 2001, which was around 17% below the average October 2001 detached price in the Preston local authority area. The most recent EPC inspection was October 2024, where the current energy rating was D, and the potential energy rating was B.

16 THE HILLS Sold Prices

Land registry data shows two sales for 16 THE HILLS 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 THE HILLS 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
2001 26 OCT	£96,500	£116,286	17% below HPI
1998 30 OCT	£77,950	£94,472	17% below HPI

16 THE HILLS 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 THE HILLS sales from October 1998 and October 2001 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 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2001 sale, which was also at 17% below the HPI.

What might 16 THE HILLS be worth now?

16 THE HILLS might now be worth an estimated £272,661.

This is based on house price inflation of 182.5%, between October 2001 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 182.5% inflationary increase is applied to the most recent sale price for 16 THE HILLS of £96,500 on 26th October 2001. For the value to have increased from £96,500 to £272,661 over the 24 years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 THE HILLS has moved in line with the HPI for detached houses in the Preston local authority area.
• The October 2001 sale price of £96,500 represented a fair market value for the property.
• The size, condition, and specification of 16 THE HILLS has not materially changed since October 2001.

How Large is 16 THE HILLS?

16 THE HILLS is 90m², which includes one extension, according to the EPC inspection conducted in October 2024. This puts it in the smallest 40% 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 16 THE HILLS lies on this distribution: 32% of detached houses houses are smaller than 16 THE HILLS, and 67% of houses are larger. Note that EPC data is not available for all properties in Preston.

16 THE HILLS: Plot and Title Map

16 THE HILLS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 16 THE HILLS, 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 THE HILLS). 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 THE HILLS?

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