2, MEDWAY, FULWOOD, PRESTON, PR2 8UY - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MEDWAY is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £235,000 in November 2018, which was around 3% above the average November 2018 detached price in the Preston local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

2 MEDWAY Sold Prices

Land registry data shows four sales for 2 MEDWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. One of the four 2 MEDWAY sales was for above the average price, whilst two 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
2018 16 NOV	£235,000	£228,911	3% above HPI
2014 31 JAN	£210,000	£211,677	1% below HPI
2010 24 FEB	£170,000	£213,185	20% below HPI
2002 24 MAY	£114,950	£114,930	Close to HPI

2 MEDWAY 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 four 2 MEDWAY sales between May 2002 and November 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 January 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 MEDWAY?

2 MEDWAY is 99m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 2 MEDWAY lies on this distribution: 29% of detached houses are smaller than 2 MEDWAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

2 MEDWAY: Plot and Title Map

2 MEDWAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 MEDWAY, 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 MEDWAY). 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 MEDWAY?

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