47, OAKWOOD DRIVE, FULWOOD, PRESTON, PR2 3LY - £240,000

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

47 OAKWOOD DRIVE is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £240,000 in February 2017, which was around 6% above the average February 2017 detached price in the Preston local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

47 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 47 OAKWOOD DRIVE 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. One of the two 47 OAKWOOD DRIVE sales was for above the average price, whilst the other was 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
2017 3 FEB	£240,000	£226,395	6% above HPI
1997 16 JUL	£73,500	£84,134	13% below HPI

47 OAKWOOD DRIVE 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 47 OAKWOOD DRIVE sales from July 1997 and February 2017 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 July 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 47 OAKWOOD DRIVE?

47 OAKWOOD DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 47 OAKWOOD DRIVE lies on this distribution: 15% of detached houses are smaller than 47 OAKWOOD DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

47 OAKWOOD DRIVE: Plot and Title Map

47 OAKWOOD DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 47 OAKWOOD DRIVE, 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 OAKWOOD DRIVE). 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 OAKWOOD DRIVE?

47 OAKWOOD DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 47 on OAKWOOD DRIVE.