53, PARKSIDE, LEA, PRESTON, PR2 1YS - £127,000

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

53 PARKSIDE is a very small detached house of 52m², built sometime between 1976 and 1982. It was last sold for £127,000 in July 2016, which was around 43% below the average July 2016 detached price in the Preston local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

53 PARKSIDE Sold Prices

Land registry data shows four sales for 53 PARKSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 53 PARKSIDE sales were 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
2016 8 JUL	£127,000	£224,218	43% below HPI
2013 16 APR	£120,000	£202,413	41% below HPI
2012 15 JUN	£91,000	£210,658	57% below HPI
1997 30 MAY	£50,000	£80,134	38% below HPI

53 PARKSIDE 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 four 53 PARKSIDE sales between May 1997 and July 2016 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 April 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 53 PARKSIDE?

53 PARKSIDE is 52m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 53 PARKSIDE lies on this distribution: 1% of detached houses are smaller than 53 PARKSIDE, and 99% of houses are larger. Note that EPC data is not available for all properties in Preston.

53 PARKSIDE: Plot and Title Map

53 PARKSIDE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 53 PARKSIDE, 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 53 PARKSIDE). 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 53 PARKSIDE?

53 PARKSIDE is located in LEA, in the PR2 postcode district. The below map shows the position of No. 53 on PARKSIDE.