18, CAMBRIDGE COURT, PRESTON, PR1 7SU - £120,000

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.

18 CAMBRIDGE COURT is a very small detached house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £158,153. It was last sold for £120,000 in October 2018, which was around 52% below the average October 2018 detached price in the Preston local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

18 CAMBRIDGE COURT Sold Prices

Land registry data shows three sales for 18 CAMBRIDGE COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 18 CAMBRIDGE COURT 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
2018 16 OCT	£120,000	£249,303	52% below HPI
2018 31 AUG	£135,000	£245,446	45% below HPI
1999 15 OCT	£50,000	£97,788	49% below HPI

18 CAMBRIDGE COURT 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 three 18 CAMBRIDGE COURT sales between October 1999 and October 2018 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 August 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2018 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 18 CAMBRIDGE COURT be worth now?

18 CAMBRIDGE COURT might now be worth an estimated £158,153.

This is based on house price inflation of 31.8%, between October 2018 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 31.8% inflationary increase is applied to the most recent sale price for 18 CAMBRIDGE COURT of £120,000 on 16th October 2018. For the value to have increased from £120,000 to £158,153 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 CAMBRIDGE COURT has moved in line with the HPI for detached houses in the Preston local authority area.
• The October 2018 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CAMBRIDGE COURT has not materially changed since October 2018.

How Large is 18 CAMBRIDGE COURT?

18 CAMBRIDGE COURT is 59m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% 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 18 CAMBRIDGE COURT lies on this distribution: 3% of detached houses houses are smaller than 18 CAMBRIDGE COURT, and 97% of houses are larger. Note that EPC data is not available for all properties in Preston.

18 CAMBRIDGE COURT: Plot and Title Map

18 CAMBRIDGE COURT sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 18 CAMBRIDGE COURT, 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 18 CAMBRIDGE COURT). 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 18 CAMBRIDGE COURT?

18 CAMBRIDGE COURT is located in PRESTON, in the PR1 postcode district. The below map shows the position of No. 18 on CAMBRIDGE COURT.