47, FRESHFIELDS, LEA, PRESTON, PR2 1TJ - £190,000

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.

47 FRESHFIELDS is a small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £246,510. It was last sold for £190,000 in September 2020, which was around 25% below the average September 2020 detached price in the Preston local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

47 FRESHFIELDS Sold Prices

Land registry data shows three sales for 47 FRESHFIELDS 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 47 FRESHFIELDS 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
2020 9 SEP	£190,000	£253,245	25% below HPI
2009 21 AUG	£162,000	£225,203	28% below HPI
2003 22 DEC	£135,000	£172,962	22% below HPI

47 FRESHFIELDS 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 47 FRESHFIELDS sales between December 2003 and September 2020 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 August 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 47 FRESHFIELDS be worth now?

47 FRESHFIELDS might now be worth an estimated £246,510.

This is based on house price inflation of 29.7%, between September 2020 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 29.7% inflationary increase is applied to the most recent sale price for 47 FRESHFIELDS of £190,000 on 9th September 2020. For the value to have increased from £190,000 to £246,510 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 47 FRESHFIELDS has moved in line with the HPI for detached houses in the Preston local authority area.
• The September 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 47 FRESHFIELDS has not materially changed since September 2020.

How Large is 47 FRESHFIELDS?

47 FRESHFIELDS is 83m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 47 FRESHFIELDS lies on this distribution: 23% of detached houses houses are smaller than 47 FRESHFIELDS, and 76% of houses are larger. Note that EPC data is not available for all properties in Preston.

47 FRESHFIELDS: Plot and Title Map

47 FRESHFIELDS sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 47 FRESHFIELDS, 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 47 FRESHFIELDS). 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 47 FRESHFIELDS?

47 FRESHFIELDS is located in LEA, in the PR2 postcode district. The below map shows the position of No. 47 on FRESHFIELDS.