38, ASH MEADOW, LEA, PRESTON, PR2 1RX - £140,000

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

38 ASH MEADOW is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £140,000 in August 2016, which was around 38% below the average August 2016 detached price in the Preston local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

38 ASH MEADOW Sold Prices

Land registry data shows four sales for 38 ASH MEADOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 38 ASH MEADOW 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
2016 18 AUG	£140,000	£225,980	38% below HPI
2007 13 JUL	£155,000	£237,824	35% below HPI
2004 4 MAR	£130,000	£159,742	19% below HPI
1998 11 DEC	£46,000	£86,963	47% below HPI

38 ASH MEADOW 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 four 38 ASH MEADOW sales between December 1998 and August 2016 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 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 38 ASH MEADOW?

38 ASH MEADOW is 59m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 38 ASH MEADOW lies on this distribution: 3% of detached houses are smaller than 38 ASH MEADOW, and 97% of houses are larger. Note that EPC data is not available for all properties in Preston.

38 ASH MEADOW: Plot and Title Map

38 ASH MEADOW sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 38 ASH MEADOW, 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 38 ASH MEADOW). 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 38 ASH MEADOW?

38 ASH MEADOW is located in LEA, in the PR2 postcode district. The below map shows the position of No. 38 on ASH MEADOW.