32, MILLER FIELD, LEA, PRESTON, PR2 1XB - £215,000

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.

32 MILLER FIELD is a very small detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £235,337. It was last sold for £215,000 in September 2022, which was around 28% below the average September 2022 detached price in the Preston local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

32 MILLER FIELD Sold Prices

Land registry data shows two sales for 32 MILLER FIELD 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 32 MILLER FIELD 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
2022 22 SEP	£215,000	£300,173	28% below HPI
2022 25 FEB	£152,250	£279,532	46% below HPI

32 MILLER FIELD 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 32 MILLER FIELD sales from February 2022 and September 2022 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 February 2022 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 32 MILLER FIELD be worth now?

32 MILLER FIELD might now be worth an estimated £235,337.

This is based on house price inflation of 9.5%, between September 2022 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 9.5% inflationary increase is applied to the most recent sale price for 32 MILLER FIELD of £215,000 on 22nd September 2022. For the value to have increased from £215,000 to £235,337 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 32 MILLER FIELD has moved in line with the HPI for detached houses in the Preston local authority area.
• The September 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 32 MILLER FIELD has not materially changed since September 2022.

How Large is 32 MILLER FIELD?

32 MILLER FIELD is 57m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% 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 32 MILLER FIELD lies on this distribution: 2% of detached houses houses are smaller than 32 MILLER FIELD, and 97% of houses are larger. Note that EPC data is not available for all properties in Preston.

32 MILLER FIELD: Plot and Title Map

32 MILLER FIELD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 32 MILLER FIELD, 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 32 MILLER FIELD). 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 32 MILLER FIELD?

32 MILLER FIELD is located in LEA, in the PR2 postcode district. The below map shows the position of No. 32 on MILLER FIELD.