51, THE DRIVE, FULWOOD, PRESTON, PR2 8FF - £445,000

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

51 THE DRIVE is a very large extended detached house of 179m², built sometime between 1991 and 1995. It was last sold for £445,000 in May 2017, which was around 102% above the average May 2017 detached price in the Preston local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

51 THE DRIVE Sold Prices

Land registry data shows two sales for 51 THE 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. Both of the two 51 THE DRIVE 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
2017 4 MAY	£445,000	£219,834	102% above HPI
2001 17 DEC	£230,000	£108,089	113% above HPI

51 THE 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 51 THE DRIVE sales from December 2001 and May 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 December 2001 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the May 2017 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is 51 THE DRIVE?

51 THE DRIVE is 179m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 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 51 THE DRIVE lies on this distribution: 87% of detached houses are smaller than 51 THE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

51 THE DRIVE: Plot and Title Map

51 THE DRIVE sits on a plot of roughly 0.289 of an acre, or 1,170m². The below map shows the location of 51 THE 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 51 THE 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 51 THE DRIVE?

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