182, SAVICK WAY, LEA, PRESTON, PR2 1XF - £49,000

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.

182 SAVICK WAY is a very small semi-detached house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £161,550. It was last sold for £49,000 in May 2001, which was around 17% below the average May 2001 semi-detached price in the Preston local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

182 SAVICK WAY Sold Prices

Land registry data shows two sales for 182 SAVICK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. Both of the two 182 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
2001 4 MAY	£49,000	£58,849	17% below HPI
1998 16 JAN	£38,000	£50,685	25% below HPI

182 SAVICK WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The two 182 SAVICK WAY sales from January 1998 and May 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 January 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2001 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 182 SAVICK WAY be worth now?

182 SAVICK WAY might now be worth an estimated £161,550.

This is based on house price inflation of 229.7%, between May 2001 and February 2025, for semi-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 229.7% inflationary increase is applied to the most recent sale price for 182 SAVICK WAY of £49,000 on 4th May 2001. For the value to have increased from £49,000 to £161,550 over the 24 years and three months to February 2025, the following assumptions must hold true:

• The value of 182 SAVICK WAY has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The May 2001 sale price of £49,000 represented a fair market value for the property.
• The size, condition, and specification of 182 SAVICK WAY has not materially changed since May 2001.

How Large is 182 SAVICK WAY?

182 SAVICK WAY is 53m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of semi-detached houses houses in Preston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preston, and where 182 SAVICK WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 182 SAVICK WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Preston.

182 SAVICK WAY: Plot and Title Map

182 SAVICK WAY sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 182 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 182 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 182 SAVICK WAY?

182 SAVICK WAY is located in LEA, in the PR2 postcode district. The below map shows the position of No. 182 on SAVICK WAY.