2, MARLBOROUGH DRIVE, FULWOOD, PRESTON, PR2 9UE - £445,000

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 MARLBOROUGH DRIVE is a very large extended detached house of 173m², built sometime between 1950 and 1966, which could now be worth an estimated £583,985. It was last sold for £445,000 in December 2018, which was around 80% above the average December 2018 detached price in the Preston local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

2 MARLBOROUGH DRIVE Sold Prices

Land registry data shows two sales for 2 MARLBOROUGH DRIVE 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 MARLBOROUGH 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
2018 12 DEC	£445,000	£246,768	80% above HPI
2003 27 JUN	£240,000	£147,856	62% above HPI

2 MARLBOROUGH DRIVE 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 MARLBOROUGH DRIVE sales from June 2003 and December 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 June 2003 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the December 2018 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 2 MARLBOROUGH DRIVE be worth now?

2 MARLBOROUGH DRIVE might now be worth an estimated £583,985.

This is based on house price inflation of 31.2%, between December 2018 and March 2025, 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 31.2% inflationary increase is applied to the most recent sale price for 2 MARLBOROUGH DRIVE of £445,000 on 12th December 2018. For the value to have increased from £445,000 to £583,985 over the seven years and nine months to March 2025, the following assumptions must hold true:

• The value of 2 MARLBOROUGH DRIVE has moved in line with the HPI for detached houses in the Preston local authority area.
• The December 2018 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARLBOROUGH DRIVE has not materially changed since December 2018.

How Large is 2 MARLBOROUGH DRIVE?

2 MARLBOROUGH DRIVE is 173m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulwood, and where 2 MARLBOROUGH DRIVE lies on this distribution: 85% of detached houses houses are smaller than 2 MARLBOROUGH DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

2 MARLBOROUGH DRIVE: Plot and Title Map

2 MARLBOROUGH DRIVE sits on a plot of roughly 0.207 of an acre, or 837m². The below map shows the location of 2 MARLBOROUGH 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 MARLBOROUGH 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 MARLBOROUGH DRIVE?

2 MARLBOROUGH DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 2 on MARLBOROUGH DRIVE.