51, GREENACRES, FULWOOD, PRESTON, PR2 7DB - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

51 GREENACRES is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £185,000 in April 2014, which was around 14% below the average April 2014 detached price in the Preston local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

51 GREENACRES Sold Prices

Land registry data shows three sales for 51 GREENACRES 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. Two of the three 51 GREENACRES sales were for below the average price, whilst one was 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
2014 3 APR	£185,000	£215,911	14% below HPI
2004 11 JUN	£235,000	£192,925	22% above HPI
1997 1 MAY	£74,000	£85,407	13% below HPI

51 GREENACRES 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 51 GREENACRES sales between May 1997 and April 2014 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 June 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 51 GREENACRES be worth now?

51 GREENACRES might now be worth an estimated £278,799.

This is based on house price inflation of 50.7%, between April 2014 and December 2024, 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 50.7% inflationary increase is applied to the most recent sale price for 51 GREENACRES of £185,000 on 3rd April 2014. For the value to have increased from £185,000 to £278,799 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 51 GREENACRES has moved in line with the HPI for detached houses in the Preston local authority area.
• The April 2014 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 51 GREENACRES has not materially changed since April 2014.

How Large is 51 GREENACRES?

51 GREENACRES is 55m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulwood, and where 51 GREENACRES lies on this distribution: 1% of detached houses houses are smaller than 51 GREENACRES, and 99% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

51 GREENACRES: Plot and Title Map

51 GREENACRES sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 51 GREENACRES, 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 51 GREENACRES). 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 51 GREENACRES?

51 GREENACRES is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 51 on GREENACRES.