177, SAVICK WAY, LEA, PRESTON, PR2 1XF - £275,000

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

177 SAVICK WAY is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £275,000 in April 2024, which was around 7% below the average April 2024 detached price in the Preston local authority area. The most recent EPC inspection was November 2023, where the current energy rating was B, and the potential energy rating was A.

177 SAVICK WAY Sold Prices

Land registry data shows two sales for 177 SAVICK WAY 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 177 SAVICK WAY 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
2024 17 APR	£275,000	£295,097	7% below HPI
2004 3 SEP	£174,000	£188,655	8% below HPI

177 SAVICK WAY 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 177 SAVICK WAY sales from September 2004 and April 2024 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 September 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 177 SAVICK WAY?

177 SAVICK WAY is 110m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 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 177 SAVICK WAY lies on this distribution: 55% of detached houses are smaller than 177 SAVICK WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Preston.

177 SAVICK WAY: Plot and Title Map

177 SAVICK WAY sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 177 SAVICK WAY, 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 177 SAVICK WAY). 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 177 SAVICK WAY?

177 SAVICK WAY is located in LEA, in the PR2 postcode district. The below map shows the position of No. 177 on SAVICK WAY.