40, THE HILLS, GRIMSARGH, PRESTON, PR2 5BF - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 THE HILLS is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £215,000 in January 2012, which was around 2% above the average January 2012 detached price in the Preston local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

40 THE HILLS Sold Prices

Land registry data shows two sales for 40 THE HILLS 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 40 THE HILLS 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
2012 6 JAN	£215,000	£210,993	2% above HPI
1999 19 FEB	£98,950	£84,795	17% above HPI

40 THE HILLS 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 40 THE HILLS sales from February 1999 and January 2012 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 February 1999 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2012 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 40 THE HILLS?

40 THE HILLS is 120m² according to the EPC inspection conducted in November 2010. 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 40 THE HILLS lies on this distribution: 65% of detached houses are smaller than 40 THE HILLS, and 35% of houses are larger. Note that EPC data is not available for all properties in Preston.

40 THE HILLS: Plot and Title Map

40 THE HILLS sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 40 THE HILLS, 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 40 THE HILLS). 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 40 THE HILLS?

40 THE HILLS is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 40 on THE HILLS.