3, NEWGATE, FULWOOD, PRESTON, PR2 8LR - £412,500

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

3 NEWGATE is a large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £412,500 in December 2017, which was around 77% above the average December 2017 detached price in the Preston local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

3 NEWGATE Sold Prices

Land registry data shows two sales for 3 NEWGATE 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 3 NEWGATE 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
2017 21 DEC	£412,500	£233,183	77% above HPI
2015 23 OCT	£290,000	£224,477	29% above HPI

3 NEWGATE 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 3 NEWGATE sales from October 2015 and December 2017 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 October 2015 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2017 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 3 NEWGATE?

3 NEWGATE is 153m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 30% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 3 NEWGATE lies on this distribution: 79% of detached houses are smaller than 3 NEWGATE, and 21% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

3 NEWGATE: Plot and Title Map

3 NEWGATE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 3 NEWGATE, 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 3 NEWGATE). 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 3 NEWGATE?

3 NEWGATE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 3 on NEWGATE.