2, WADDINGTON ROAD, RIBBLETON, PRESTON, PR2 6HU - £70,000

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 WADDINGTON ROAD is a very small semi-detached house of 54m², built sometime between 2007 and 2011, which could now be worth an estimated £72,871. It was last sold for £70,000 in October 2023, which was around 62% below the average October 2023 semi-detached price in the Preston local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 WADDINGTON ROAD Sold Prices

Land registry data shows two sales for 2 WADDINGTON ROAD 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. Both of the two 2 WADDINGTON ROAD 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
2023 20 OCT	£70,000	£186,376	62% below HPI
2005 13 APR	£70,000	£131,114	47% below HPI

2 WADDINGTON ROAD 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 WADDINGTON ROAD sales from April 2005 and October 2023 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 April 2005 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2023 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might 2 WADDINGTON ROAD be worth now?

2 WADDINGTON ROAD might now be worth an estimated £72,871.

This is based on house price inflation of 4.1%, between October 2023 and February 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 4.1% inflationary increase is applied to the most recent sale price for 2 WADDINGTON ROAD of £70,000 on 20th October 2023. For the value to have increased from £70,000 to £72,871 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WADDINGTON ROAD has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The October 2023 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WADDINGTON ROAD has not materially changed since October 2023.

How Large is 2 WADDINGTON ROAD?

2 WADDINGTON ROAD is 54m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of semi-detached houses houses in Preston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preston, and where 2 WADDINGTON ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 2 WADDINGTON ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Preston.

2 WADDINGTON ROAD: Plot and Title Map

2 WADDINGTON ROAD sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 2 WADDINGTON ROAD, 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 WADDINGTON ROAD). 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 WADDINGTON ROAD?

2 WADDINGTON ROAD is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 2 on WADDINGTON ROAD.