48, THE HILLS, GRIMSARGH, PRESTON, PR2 5BF - £99,500

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.

48 THE HILLS is a very small semi-detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £240,499. It was last sold for £99,500 in March 2003, which was around 24% above the average March 2003 semi-detached price in the Preston local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

48 THE HILLS Sold Prices

Land registry data shows two sales for 48 THE HILLS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. Both of the two 48 THE HILLS 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
2003 28 MAR	£99,500	£80,271	24% above HPI
1998 11 SEP	£59,000	£52,140	13% above HPI

48 THE HILLS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The two 48 THE HILLS sales from September 1998 and March 2003 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 1998 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2003 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 48 THE HILLS be worth now?

48 THE HILLS might now be worth an estimated £240,499.

This is based on house price inflation of 141.7%, between March 2003 and February 2025, for semi-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 141.7% inflationary increase is applied to the most recent sale price for 48 THE HILLS of £99,500 on 28th March 2003. For the value to have increased from £99,500 to £240,499 over the 22 years and one month to February 2025, the following assumptions must hold true:

• The value of 48 THE HILLS has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The March 2003 sale price of £99,500 represented a fair market value for the property.
• The size, condition, and specification of 48 THE HILLS has not materially changed since March 2003.

How Large is 48 THE HILLS?

48 THE HILLS is 70m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of semi-detached houses houses in Preston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preston, and where 48 THE HILLS lies on this distribution: 7% of semi-detached houses houses are smaller than 48 THE HILLS, and 92% of houses are larger. Note that EPC data is not available for all properties in Preston.

48 THE HILLS: Plot and Title Map

48 THE HILLS sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 48 THE HILLS, 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 48 THE HILLS). 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 48 THE HILLS?

48 THE HILLS is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 48 on THE HILLS.