4, ASH MEADOW, LEA, PRESTON, PR2 1RX - £195,000

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

4 ASH MEADOW is a large extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £195,000 in August 2022, which was around 30% below the average August 2022 detached price in the Preston local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

4 ASH MEADOW Sold Prices

Land registry data shows four sales for 4 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 4 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
2022 8 AUG	£195,000	£279,775	30% below HPI
2012 1 AUG	£185,000	£217,356	15% below HPI
2001 8 AUG	£77,000	£106,319	28% below HPI
1997 25 APR	£58,000	£81,599	29% below HPI

4 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 4 ASH MEADOW sales between April 1997 and August 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 August 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 ASH MEADOW?

4 ASH MEADOW is 118m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 4 ASH MEADOW lies on this distribution: 63% of detached houses are smaller than 4 ASH MEADOW, and 36% of houses are larger. Note that EPC data is not available for all properties in Preston.

4 ASH MEADOW: Plot and Title Map

4 ASH MEADOW sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 4 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 4 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 4 ASH MEADOW?

4 ASH MEADOW is located in LEA, in the PR2 postcode district. The below map shows the position of No. 4 on ASH MEADOW.