42, LEA ROAD, LEA, PRESTON, PR2 1TP - £242,000

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

42 LEA ROAD is a very large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £242,000 in January 2006, which was around 15% above the average January 2006 detached price in the Preston local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

42 LEA ROAD Sold Prices

Land registry data shows two sales for 42 LEA ROAD 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 42 LEA 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
2006 6 JAN	£242,000	£210,201	15% above HPI
2001 17 APR	£149,000	£98,999	51% above HPI

42 LEA 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 two 42 LEA ROAD sales from April 2001 and January 2006 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 April 2001 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the January 2006 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 42 LEA ROAD?

42 LEA ROAD is 140m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 42 LEA ROAD lies on this distribution: 81% of detached houses are smaller than 42 LEA ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Preston.

42 LEA ROAD: Plot and Title Map

42 LEA ROAD sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 42 LEA 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 42 LEA 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 42 LEA ROAD?

42 LEA ROAD is located in LEA, in the PR2 postcode district. The below map shows the position of No. 42 on LEA ROAD.