23, BILSBOROUGH MEADOW, LEA, PRESTON, PR2 1YY - £168,000

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.

23 BILSBOROUGH MEADOW is a small extended detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £225,801. It was last sold for £168,000 in March 2019, which was around 31% below the average March 2019 detached price in the Preston local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

23 BILSBOROUGH MEADOW Sold Prices

Land registry data shows three sales for 23 BILSBOROUGH 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 23 BILSBOROUGH 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
2019 18 MAR	£168,000	£244,459	31% below HPI
2000 7 DEC	£64,000	£103,533	38% below HPI
1995 1 MAY	£58,500	£85,590	32% below HPI

23 BILSBOROUGH 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 23 BILSBOROUGH MEADOW sales between May 1995 and March 2019 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 December 2000 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 23 BILSBOROUGH MEADOW be worth now?

23 BILSBOROUGH MEADOW might now be worth an estimated £225,801.

This is based on house price inflation of 34.4%, between March 2019 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 34.4% inflationary increase is applied to the most recent sale price for 23 BILSBOROUGH MEADOW of £168,000 on 18th March 2019. For the value to have increased from £168,000 to £225,801 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 23 BILSBOROUGH MEADOW has moved in line with the HPI for detached houses in the Preston local authority area.
• The March 2019 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 23 BILSBOROUGH MEADOW has not materially changed since March 2019.

How Large is 23 BILSBOROUGH MEADOW?

23 BILSBOROUGH MEADOW is 97m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% 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 23 BILSBOROUGH MEADOW lies on this distribution: 39% of detached houses houses are smaller than 23 BILSBOROUGH MEADOW, and 60% of houses are larger. Note that EPC data is not available for all properties in Preston.

23 BILSBOROUGH MEADOW: Plot and Title Map

23 BILSBOROUGH MEADOW sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 23 BILSBOROUGH 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 23 BILSBOROUGH 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 23 BILSBOROUGH MEADOW?

23 BILSBOROUGH MEADOW is located in LEA, in the PR2 postcode district. The below map shows the position of No. 23 on BILSBOROUGH MEADOW.