2, THE PENNINES, FULWOOD, PRESTON, PR2 9GB - £225,000

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 THE PENNINES is a very small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £225,000 in October 2020, which was around 6% below the average October 2020 detached price in the Preston local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

2 THE PENNINES Sold Prices

Land registry data shows two sales for 2 THE PENNINES 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 THE PENNINES 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
2020 30 OCT	£225,000	£239,089	6% below HPI
2016 15 FEB	£192,000	£225,020	15% below HPI

2 THE PENNINES 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 THE PENNINES sales from February 2016 and October 2020 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 February 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 THE PENNINES?

2 THE PENNINES is 89m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% 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 THE PENNINES lies on this distribution: 18% of detached houses are smaller than 2 THE PENNINES, and 82% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

2 THE PENNINES: Plot and Title Map

2 THE PENNINES sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 2 THE PENNINES, 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 THE PENNINES). 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 THE PENNINES?

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