4, PINE WALKS, LEA, PRESTON, PR2 1WA - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 PINE WALKS is a midsized extended detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £246,523. It was last sold for £170,000 in September 2014, which was around 25% below the average September 2014 detached price in the Preston local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

4 PINE WALKS Sold Prices

Land registry data shows two sales for 4 PINE WALKS 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 4 PINE WALKS 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
2014 30 SEP	£170,000	£226,576	25% below HPI
2014 26 SEP	£195,000	£226,576	14% below HPI

4 PINE WALKS 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 4 PINE WALKS sales from September 2014 and September 2014 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 September 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 PINE WALKS be worth now?

4 PINE WALKS might now be worth an estimated £246,523.

This is based on house price inflation of 45%, between September 2014 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 45% inflationary increase is applied to the most recent sale price for 4 PINE WALKS of £170,000 on 30th September 2014. For the value to have increased from £170,000 to £246,523 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 PINE WALKS has moved in line with the HPI for detached houses in the Preston local authority area.
• The September 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PINE WALKS has not materially changed since September 2014.

How Large is 4 PINE WALKS?

4 PINE WALKS is 102m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% 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 4 PINE WALKS lies on this distribution: 45% of detached houses houses are smaller than 4 PINE WALKS, and 54% of houses are larger. Note that EPC data is not available for all properties in Preston.

4 PINE WALKS: Plot and Title Map

4 PINE WALKS sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 4 PINE WALKS, 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 PINE WALKS). 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 PINE WALKS?

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