2, SPRUCE CLOSE, FULWOOD, PRESTON, PR2 9WB - £218,000

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 SPRUCE CLOSE is a very large extended detached house of 161m², built sometime between 1996 and 2002. It was last sold for £218,000 in February 2003, which was around 61% above the average February 2003 detached price in the Preston local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

2 SPRUCE CLOSE Sold Prices

Land registry data shows two sales for 2 SPRUCE CLOSE 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 SPRUCE CLOSE 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
2003 14 FEB	£218,000	£135,534	61% above HPI
1999 28 MAY	£119,950	£89,138	35% above HPI

2 SPRUCE CLOSE 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 SPRUCE CLOSE sales from May 1999 and February 2003 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 May 1999 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2003 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 2 SPRUCE CLOSE?

2 SPRUCE CLOSE is 161m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 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 SPRUCE CLOSE lies on this distribution: 88% of detached houses are smaller than 2 SPRUCE CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Preston.

2 SPRUCE CLOSE: Plot and Title Map

2 SPRUCE CLOSE sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 2 SPRUCE CLOSE, 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 SPRUCE CLOSE). 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 SPRUCE CLOSE?

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