2, WEST MEADOW, LEA, PRESTON, PR2 1YX - £195,000

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 WEST MEADOW is a very large detached house of 139m², built sometime between 1991 and 1995, which could now be worth an estimated £276,850. It was last sold for £195,000 in September 2010, which was around 16% below the average September 2010 detached price in the Preston local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

2 WEST MEADOW Sold Prices

Land registry data shows three sales for 2 WEST MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 2 WEST MEADOW 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
2010 10 SEP	£195,000	£231,426	16% below HPI
2005 10 JUN	£200,000	£216,623	8% below HPI
1996 24 MAY	£79,450	£86,530	8% below HPI

2 WEST MEADOW 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 three 2 WEST MEADOW sales between May 1996 and September 2010 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 June 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2010 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 WEST MEADOW be worth now?

2 WEST MEADOW might now be worth an estimated £276,850.

This is based on house price inflation of 42%, between September 2010 and February 2025, for 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 42% inflationary increase is applied to the most recent sale price for 2 WEST MEADOW of £195,000 on 10th September 2010. For the value to have increased from £195,000 to £276,850 over the fifteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 WEST MEADOW has moved in line with the HPI for detached houses in the Preston local authority area.
• The September 2010 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WEST MEADOW has not materially changed since September 2010.

How Large is 2 WEST MEADOW?

2 WEST MEADOW is 139m² according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 2 WEST MEADOW lies on this distribution: 81% of detached houses houses are smaller than 2 WEST MEADOW, and 19% of houses are larger. Note that EPC data is not available for all properties in Preston.

2 WEST MEADOW: Plot and Title Map

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

2 WEST MEADOW is located in LEA, in the PR2 postcode district. The below map shows the position of No. 2 on WEST MEADOW.