2, DEW FOREST, BOWGREAVE, PRESTON, PR3 1TF - £225,000

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 DEW FOREST is a small detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £331,334. It was last sold for £225,000 in November 2013, which was around 10% above the average November 2013 detached price in the Wyre local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

2 DEW FOREST Sold Prices

Land registry data shows four sales for 2 DEW FOREST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the four 2 DEW FOREST 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
2013 15 NOV	£225,000	£204,152	10% above HPI
2005 11 NOV	£249,000	£214,142	16% above HPI
2000 30 MAR	£113,000	£97,360	16% above HPI
1997 27 MAR	£110,950	£87,226	27% above HPI

2 DEW FOREST Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The four 2 DEW FOREST sales between March 1997 and November 2013 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 November 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2013 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 DEW FOREST be worth now?

2 DEW FOREST might now be worth an estimated £331,334.

This is based on house price inflation of 47.3%, between November 2013 and December 2024, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.3% inflationary increase is applied to the most recent sale price for 2 DEW FOREST of £225,000 on 15th November 2013. For the value to have increased from £225,000 to £331,334 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 DEW FOREST has moved in line with the HPI for detached houses in the Wyre local authority area.
• The November 2013 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DEW FOREST has not materially changed since November 2013.

How Large is 2 DEW FOREST?

2 DEW FOREST is 117m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses houses in Bowgreave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowgreave, and where 2 DEW FOREST lies on this distribution: 34% of detached houses houses are smaller than 2 DEW FOREST, and 66% of houses are larger. Note that EPC data is not available for all properties in Bowgreave.

2 DEW FOREST: Plot and Title Map

2 DEW FOREST sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 2 DEW FOREST, 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 DEW FOREST). 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 DEW FOREST?

2 DEW FOREST is located in BOWGREAVE, in the PR3 postcode district. The below map shows the position of No. 2 on DEW FOREST.