3, OAKFIELD, FULWOOD, PRESTON, PR2 9RJ - £208,000

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

3 OAKFIELD is a very small semi-detached house of 68m², built sometime between 1950 and 1966. It was last sold for £208,000 in September 2023, which was around 27% below the average September 2023 detached price in the Preston local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

3 OAKFIELD Sold Prices

Land registry data shows five sales for 3 OAKFIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the five 3 OAKFIELD 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
2023 18 SEP	£208,000	£284,372	27% below HPI
2018 26 JAN	£185,000	£232,224	20% below HPI
2017 28 APR	£100,000	£224,006	55% below HPI
2009 18 AUG	£150,000	£211,300	29% below HPI
2002 27 SEP	£92,000	£124,527	26% below HPI

3 OAKFIELD 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 five 3 OAKFIELD sales between September 2002 and September 2023 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 January 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 OAKFIELD?

3 OAKFIELD is 68m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% 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 OAKFIELD lies on this distribution: 3% of detached houses are smaller than 3 OAKFIELD, and 96% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

3 OAKFIELD: Plot and Title Map

3 OAKFIELD sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 3 OAKFIELD, 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 OAKFIELD). 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 OAKFIELD?

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