4, NEWARK PLACE, FULWOOD, PRESTON, PR2 3NP - £167,000

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.

4 NEWARK PLACE is a very small semi-detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £204,143. It was last sold for £167,000 in February 2021, which was around 5% above the average February 2021 semi-detached price in the Preston local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

4 NEWARK PLACE Sold Prices

Land registry data shows three sales for 4 NEWARK PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. All of the three 4 NEWARK PLACE 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 26 FEB	£167,000	£158,720	5% above HPI
2017 29 MAR	£150,000	£138,719	8% above HPI
1997 11 DEC	£59,000	£51,245	15% above HPI

4 NEWARK PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The three 4 NEWARK PLACE sales between December 1997 and February 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 March 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 NEWARK PLACE be worth now?

4 NEWARK PLACE might now be worth an estimated £204,143.

This is based on house price inflation of 22.2%, between February 2021 and February 2025, for semi-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 22.2% inflationary increase is applied to the most recent sale price for 4 NEWARK PLACE of £167,000 on 26th February 2021. For the value to have increased from £167,000 to £204,143 over the four years to February 2025, the following assumptions must hold true:

• The value of 4 NEWARK PLACE has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The February 2021 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NEWARK PLACE has not materially changed since February 2021.

How Large is 4 NEWARK PLACE?

4 NEWARK PLACE is 76m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of semi-detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fulwood, and where 4 NEWARK PLACE lies on this distribution: 8% of semi-detached houses houses are smaller than 4 NEWARK PLACE, and 92% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

4 NEWARK PLACE: Plot and Title Map

4 NEWARK PLACE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 4 NEWARK PLACE, 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 NEWARK PLACE). 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 NEWARK PLACE?

4 NEWARK PLACE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 4 on NEWARK PLACE.