18, FRESHFIELDS, LEA, PRESTON, PR2 1TH - £185,000

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

18 FRESHFIELDS is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £185,000 in August 2004, which was about the average August 2004 detached price in the Preston local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

18 FRESHFIELDS Sold Prices

Land registry data shows two sales for 18 FRESHFIELDS 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. One of the two 18 FRESHFIELDS sales was roughly equal to the average price, whilst the other was 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
2004 13 AUG	£185,000	£184,718	Close to HPI
1997 6 JUN	£52,950	£80,636	34% below HPI

18 FRESHFIELDS 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 18 FRESHFIELDS sales from June 1997 and August 2004 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 June 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2004 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 18 FRESHFIELDS?

18 FRESHFIELDS is 112m², which includes three extensions, according to the EPC inspection conducted in March 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 18 FRESHFIELDS lies on this distribution: 58% of detached houses are smaller than 18 FRESHFIELDS, and 42% of houses are larger. Note that EPC data is not available for all properties in Preston.

18 FRESHFIELDS: Plot and Title Map

18 FRESHFIELDS sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 18 FRESHFIELDS, 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 FRESHFIELDS). 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 FRESHFIELDS?

18 FRESHFIELDS is located in LEA, in the PR2 postcode district. The below map shows the position of No. 18 on FRESHFIELDS.