43, ASH MEADOW, LEA, PRESTON, PR2 1RX - £182,500

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.

43 ASH MEADOW is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £237,977. It was last sold for £182,500 in August 2019, which was around 28% below the average August 2019 detached price in the Preston local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

43 ASH MEADOW Sold Prices

Land registry data shows two sales for 43 ASH MEADOW 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 43 ASH MEADOW 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
2019 23 AUG	£182,500	£251,971	28% below HPI
2018 20 SEP	£134,950	£242,957	44% below HPI

43 ASH MEADOW 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 43 ASH MEADOW sales from September 2018 and August 2019 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 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 43 ASH MEADOW be worth now?

43 ASH MEADOW might now be worth an estimated £237,977.

This is based on house price inflation of 30.4%, between August 2019 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 30.4% inflationary increase is applied to the most recent sale price for 43 ASH MEADOW of £182,500 on 23rd August 2019. For the value to have increased from £182,500 to £237,977 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 43 ASH MEADOW has moved in line with the HPI for detached houses in the Preston local authority area.
• The August 2019 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 43 ASH MEADOW has not materially changed since August 2019.

How Large is 43 ASH MEADOW?

43 ASH MEADOW is 77m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% 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 43 ASH MEADOW lies on this distribution: 15% of detached houses houses are smaller than 43 ASH MEADOW, and 83% of houses are larger. Note that EPC data is not available for all properties in Preston.

43 ASH MEADOW: Plot and Title Map

43 ASH MEADOW sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 43 ASH MEADOW, 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 43 ASH MEADOW). 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 43 ASH MEADOW?

43 ASH MEADOW is located in LEA, in the PR2 postcode district. The below map shows the position of No. 43 on ASH MEADOW.