5, THE FRIARS, FULWOOD, PRESTON, PR2 8LB - £281,000

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

5 THE FRIARS is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £281,000 in March 2023, which was about the average March 2023 detached price in the Preston local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

5 THE FRIARS Sold Prices

Land registry data shows two sales for 5 THE FRIARS 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 5 THE FRIARS sales was roughly equal to 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
2023 21 MAR	£281,000	£281,916	Close to HPI
2017 12 MAY	£194,000	£219,834	12% below HPI

5 THE FRIARS 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 5 THE FRIARS sales from May 2017 and March 2023 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 May 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 THE FRIARS?

5 THE FRIARS is 117m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 5 THE FRIARS lies on this distribution: 49% of detached houses are smaller than 5 THE FRIARS, and 51% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

5 THE FRIARS: Plot and Title Map

5 THE FRIARS sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of 5 THE FRIARS, 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 5 THE FRIARS). 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 5 THE FRIARS?

5 THE FRIARS is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 5 on THE FRIARS.