41, LOWER BANK ROAD, FULWOOD, PRESTON, PR2 8NT - £518,000

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

41 LOWER BANK ROAD is a very large detached house of 165m², built sometime between 1983 and 1990. It was last sold for £518,000 in September 2022, which was around 84% above the average September 2022 detached price in the Preston local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was B.

41 LOWER BANK ROAD Sold Prices

Land registry data shows three sales for 41 LOWER BANK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 41 LOWER BANK ROAD 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
2022 16 SEP	£518,000	£281,641	84% above HPI
2017 15 FEB	£335,000	£226,395	48% above HPI
2011 27 MAY	£296,500	£211,811	40% above HPI

41 LOWER BANK ROAD 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 three 41 LOWER BANK ROAD sales between May 2011 and September 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 February 2017 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the September 2022 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 41 LOWER BANK ROAD?

41 LOWER BANK ROAD is 165m² according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 41 LOWER BANK ROAD lies on this distribution: 83% of detached houses are smaller than 41 LOWER BANK ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

41 LOWER BANK ROAD: Plot and Title Map

41 LOWER BANK ROAD sits on a plot of roughly 0.304 of an acre, or 1,229m². The below map shows the location of 41 LOWER BANK ROAD, 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 41 LOWER BANK ROAD). 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 41 LOWER BANK ROAD?

41 LOWER BANK ROAD is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 41 on LOWER BANK ROAD.