2, ELSTON GREEN, GRIMSARGH, PRESTON, PR2 5LR - £275,000

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 ELSTON GREEN is a small detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £371,546. It was last sold for £275,000 in April 2018, which was around 14% above the average April 2018 detached price in the Preston local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

2 ELSTON GREEN Sold Prices

Land registry data shows two sales for 2 ELSTON GREEN 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 2 ELSTON GREEN sales was for above 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
2018 6 APR	£275,000	£240,832	14% above HPI
2012 14 NOV	£198,000	£219,896	10% below HPI

2 ELSTON GREEN 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 2 ELSTON GREEN sales from November 2012 and April 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 November 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 ELSTON GREEN be worth now?

2 ELSTON GREEN might now be worth an estimated £371,546.

This is based on house price inflation of 35.1%, between April 2018 and December 2024, 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 35.1% inflationary increase is applied to the most recent sale price for 2 ELSTON GREEN of £275,000 on 6th April 2018. For the value to have increased from £275,000 to £371,546 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 2 ELSTON GREEN has moved in line with the HPI for detached houses in the Preston local authority area.
• The April 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELSTON GREEN has not materially changed since April 2018.

How Large is 2 ELSTON GREEN?

2 ELSTON GREEN is 121m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsargh, and where 2 ELSTON GREEN lies on this distribution: 32% of detached houses houses are smaller than 2 ELSTON GREEN, and 67% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

2 ELSTON GREEN: Plot and Title Map

2 ELSTON GREEN sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 2 ELSTON GREEN, 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 ELSTON GREEN). 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 ELSTON GREEN?

2 ELSTON GREEN is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 2 on ELSTON GREEN.