2, HEATHER GROVE, RIBBLETON, PRESTON, PR2 6QS - £160,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 HEATHER GROVE is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £160,000 in February 2021, which was around 36% below the average February 2021 detached price in the Preston local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was D.

2 HEATHER GROVE Sold Prices

Land registry data shows two sales for 2 HEATHER GROVE 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. Both of the two 2 HEATHER GROVE 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
2021 4 FEB	£160,000	£248,657	36% below HPI
1995 25 AUG	£46,500	£79,633	42% below HPI

2 HEATHER GROVE 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 HEATHER GROVE sales from August 1995 and February 2021 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 August 1995 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 HEATHER GROVE?

2 HEATHER GROVE is 77m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 2 HEATHER GROVE lies on this distribution: 15% of detached houses are smaller than 2 HEATHER GROVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Preston.

2 HEATHER GROVE: Plot and Title Map

2 HEATHER GROVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 2 HEATHER GROVE, 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 HEATHER GROVE). 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 HEATHER GROVE?

2 HEATHER GROVE is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 2 on HEATHER GROVE.