2, NEWARK PLACE, FULWOOD, PRESTON, PR2 3NP - £170,000

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 NEWARK PLACE is a very small semi-detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £225,282. It was last sold for £170,000 in February 2018, which was around 17% above the average February 2018 semi-detached price in the Preston local authority area. The most recent EPC inspection was November 2024, where the current energy rating was D, and the potential energy rating was B.

2 NEWARK PLACE Sold Prices

Land registry data shows two sales for 2 NEWARK PLACE 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 NEWARK PLACE sales was for above the average price, whilst the other was roughly equal to 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 9 FEB	£170,000	£145,152	17% above HPI
2014 29 AUG	£135,000	£134,993	Close to HPI

2 NEWARK PLACE 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 NEWARK PLACE sales from August 2014 and February 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 August 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 NEWARK PLACE be worth now?

2 NEWARK PLACE might now be worth an estimated £225,282.

This is based on house price inflation of 32.5%, between February 2018 and March 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 32.5% inflationary increase is applied to the most recent sale price for 2 NEWARK PLACE of £170,000 on 9th February 2018. For the value to have increased from £170,000 to £225,282 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of 2 NEWARK PLACE has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The February 2018 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWARK PLACE has not materially changed since February 2018.

How Large is 2 NEWARK PLACE?

2 NEWARK PLACE is 74m² according to the EPC inspection conducted in November 2024. 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 NEWARK PLACE lies on this distribution: 7% of semi-detached houses houses are smaller than 2 NEWARK PLACE, and 93% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

2 NEWARK PLACE: Plot and Title Map

2 NEWARK PLACE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 NEWARK PLACE, 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 NEWARK PLACE). 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 NEWARK PLACE?

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