34, FAREHAM CLOSE, FULWOOD, PRESTON, PR2 8FH - £385,000

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.

34 FAREHAM CLOSE is a large extended detached house of 149m², built sometime between 1991 and 1995, which could now be worth an estimated £461,218. It was last sold for £385,000 in September 2021, which was around 40% above the average September 2021 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.

34 FAREHAM CLOSE Sold Prices

Land registry data shows three sales for 34 FAREHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 34 FAREHAM CLOSE 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
2021 22 SEP	£385,000	£274,269	40% above HPI
2001 13 JUL	£175,000	£110,659	58% above HPI
1997 31 OCT	£138,750	£90,095	54% above HPI

34 FAREHAM CLOSE 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 three 34 FAREHAM CLOSE sales between October 1997 and September 2021 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 July 2001 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2021 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 34 FAREHAM CLOSE be worth now?

34 FAREHAM CLOSE might now be worth an estimated £461,218.

This is based on house price inflation of 19.8%, between September 2021 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 19.8% inflationary increase is applied to the most recent sale price for 34 FAREHAM CLOSE of £385,000 on 22nd September 2021. For the value to have increased from £385,000 to £461,218 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 34 FAREHAM CLOSE has moved in line with the HPI for detached houses in the Preston local authority area.
• The September 2021 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 34 FAREHAM CLOSE has not materially changed since September 2021.

How Large is 34 FAREHAM CLOSE?

34 FAREHAM CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 30% of detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulwood, and where 34 FAREHAM CLOSE lies on this distribution: 76% of detached houses houses are smaller than 34 FAREHAM CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

34 FAREHAM CLOSE: Plot and Title Map

34 FAREHAM CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 34 FAREHAM CLOSE, 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 34 FAREHAM CLOSE). 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 34 FAREHAM CLOSE?

34 FAREHAM CLOSE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 34 on FAREHAM CLOSE.