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
248 PRESTON NEW ROAD is a small extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £215,000 in March 2014, which was around 6% below the average March 2014 detached price in the Sefton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 248 PRESTON NEW ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. Two of the three 248 PRESTON NEW ROAD sales were for below the average price, whilst one was 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 |
---|---|---|---|
2014 5 MAR | £215,000 | £228,839 | 6% below HPI |
2004 20 MAY | £225,000 | £199,203 | 13% above HPI |
2001 18 JUL | £100,000 | £122,689 | 18% below HPI |
The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The three 248 PRESTON NEW ROAD sales between July 2001 and March 2014 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 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
248 PRESTON NEW ROAD is 119m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Southport, based on EPC data. The below chart shows the distribution of detached houses by size in Southport, and where 248 PRESTON NEW ROAD lies on this distribution: 39% of detached houses are smaller than 248 PRESTON NEW ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Southport.
248 PRESTON NEW ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 248 PRESTON NEW 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 248 PRESTON NEW 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.
248 PRESTON NEW ROAD is located in SOUTHPORT, in the PR9 postcode district. The below map shows the position of No. 248 on PRESTON NEW ROAD.