56, OAKENGATE, FULWOOD, PRESTON, PR2 9AE - £220,000

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.

56 OAKENGATE is a very small semi-detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £238,182. It was last sold for £220,000 in June 2023, which was around 24% above the average June 2023 semi-detached price in the Preston local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

56 OAKENGATE Sold Prices

Land registry data shows two sales for 56 OAKENGATE 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 56 OAKENGATE 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
2023 22 JUN	£220,000	£177,670	24% above HPI
2017 25 AUG	£170,000	£141,602	20% above HPI

56 OAKENGATE 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 56 OAKENGATE sales from August 2017 and June 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 August 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 56 OAKENGATE be worth now?

56 OAKENGATE might now be worth an estimated £238,182.

This is based on house price inflation of 8.3%, between June 2023 and March 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 8.3% inflationary increase is applied to the most recent sale price for 56 OAKENGATE of £220,000 on 22nd June 2023. For the value to have increased from £220,000 to £238,182 over the two years and three months to March 2025, the following assumptions must hold true:

• The value of 56 OAKENGATE has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The June 2023 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 56 OAKENGATE has not materially changed since June 2023.

How Large is 56 OAKENGATE?

56 OAKENGATE is 72m² according to the EPC inspection conducted in May 2017. 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 56 OAKENGATE lies on this distribution: 9% of semi-detached houses houses are smaller than 56 OAKENGATE, and 89% of houses are larger. Note that EPC data is not available for all properties in Preston.

56 OAKENGATE: Plot and Title Map

56 OAKENGATE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 56 OAKENGATE, 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 56 OAKENGATE). 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 56 OAKENGATE?

56 OAKENGATE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 56 on OAKENGATE.