2, FENMAN ROAD, PRESTON, PR2 3DF - £100,000

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.

2 FENMAN ROAD is a very small semi-detached house of 76m², which could now be worth an estimated £106,770. It was last sold for £100,000 in September 2022, which was around 45% below the average September 2022 semi-detached price in the Preston local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was B.

2 FENMAN ROAD Sold Prices

Land registry data shows two sales for 2 FENMAN ROAD 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. One of the two 2 FENMAN ROAD sales was for below the average price, whilst the other was 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
2022 20 SEP	£100,000	£181,719	45% below HPI
2018 7 DEC	£199,995	£145,262	38% above HPI

2 FENMAN ROAD 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 FENMAN ROAD sales from December 2018 and September 2022 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 December 2018 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 2 FENMAN ROAD be worth now?

2 FENMAN ROAD might now be worth an estimated £106,770.

This is based on house price inflation of 6.8%, between September 2022 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 6.8% inflationary increase is applied to the most recent sale price for 2 FENMAN ROAD of £100,000 on 20th September 2022. For the value to have increased from £100,000 to £106,770 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 FENMAN ROAD has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The September 2022 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FENMAN ROAD has not materially changed since September 2022.

How Large is 2 FENMAN ROAD?

2 FENMAN ROAD is 76m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of semi-detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fulwood, and where 2 FENMAN ROAD lies on this distribution: 8% of semi-detached houses houses are smaller than 2 FENMAN ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

2 FENMAN ROAD: Plot and Title Map

2 FENMAN ROAD sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 2 FENMAN ROAD, 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 FENMAN ROAD). 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 FENMAN ROAD?

2 FENMAN ROAD is located in PRESTON, in the PR2 postcode district. The below map shows the position of No. 2 on FENMAN ROAD.