2, BEACON DRIVE, GOOSNARGH, PRESTON, PR3 2BA - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BEACON DRIVE is a very small semi-detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £254,020. It was last sold for £175,000 in October 2012, which was around 32% above the average October 2012 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.

2 BEACON DRIVE Sold Prices

Land registry data shows two sales for 2 BEACON DRIVE 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 2 BEACON DRIVE sales were for above 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
2012 25 OCT	£175,000	£132,714	32% above HPI
2009 30 APR	£140,000	£130,051	8% above HPI

2 BEACON DRIVE 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 2 BEACON DRIVE sales from April 2009 and October 2012 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 April 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2012 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 BEACON DRIVE be worth now?

2 BEACON DRIVE might now be worth an estimated £254,020.

This is based on house price inflation of 45.2%, between October 2012 and December 2024, 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 45.2% inflationary increase is applied to the most recent sale price for 2 BEACON DRIVE of £175,000 on 25th October 2012. For the value to have increased from £175,000 to £254,020 over the eleven years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 BEACON DRIVE has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The October 2012 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEACON DRIVE has not materially changed since October 2012.

How Large is 2 BEACON DRIVE?

2 BEACON DRIVE is 102m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of semi-detached houses houses in Goosnargh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Goosnargh, and where 2 BEACON DRIVE lies on this distribution: 19% of semi-detached houses houses are smaller than 2 BEACON DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Goosnargh.

2 BEACON DRIVE: Plot and Title Map

2 BEACON DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 BEACON DRIVE, 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 2 BEACON DRIVE). 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 2 BEACON DRIVE?

2 BEACON DRIVE is located in GOOSNARGH, in the PR3 postcode district. The below map shows the position of No. 2 on BEACON DRIVE.