27, THE DRIVE, FULWOOD, PRESTON, PR2 8FF - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 THE DRIVE is a very large extended detached house of 166m², built sometime between 1991 and 1995. It was last sold for £490,000 in February 2020, which was around 112% above the average February 2020 detached price in the Preston local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was C.

27 THE DRIVE Sold Prices

Land registry data shows two sales for 27 THE DRIVE 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 27 THE DRIVE sales were 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
2020 14 FEB	£490,000	£231,149	112% above HPI
1995 7 APR	£161,750	£81,493	98% above HPI

27 THE DRIVE 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 27 THE DRIVE sales from April 1995 and February 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 April 1995 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the February 2020 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

How Large is 27 THE DRIVE?

27 THE DRIVE is 166m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 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 27 THE DRIVE lies on this distribution: 83% of detached houses are smaller than 27 THE DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

27 THE DRIVE: Plot and Title Map

27 THE DRIVE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 27 THE DRIVE, 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 27 THE DRIVE). 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 27 THE DRIVE?

27 THE DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 27 on THE DRIVE.