16A, THE HILLS, GRIMSARGH, PRESTON, PR2 5BF - £199,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16A THE HILLS is a midsized extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £199,000 in February 2019, which was around 13% below the average February 2019 detached price in the Preston local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

16A THE HILLS Sold Prices

Land registry data shows five sales for 16A THE HILLS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the five 16A 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
2019 1 FEB	£199,000	£229,607	13% below HPI
2016 20 DEC	£198,000	£224,712	12% below HPI
2012 28 SEP	£164,000	£217,037	24% below HPI
2004 28 MAY	£151,000	£173,086	13% below HPI
1999 28 MAY	£72,995	£89,138	18% below HPI

16A 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 five 16A THE HILLS sales between May 1999 and February 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 December 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16A THE HILLS?

16A THE HILLS is 98m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 16A THE HILLS lies on this distribution: 40% of detached houses are smaller than 16A THE HILLS, and 58% of houses are larger. Note that EPC data is not available for all properties in Preston.

16A THE HILLS: Plot and Title Map

16A THE HILLS sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 16A 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 16A 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 16A THE HILLS?

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