56, PARKSIDE, LEA, PRESTON, PR2 1YS - £144,000

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

56 PARKSIDE is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £144,000 in November 2006, which was around 36% below the average November 2006 detached price in the Preston local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

56 PARKSIDE Sold Prices

Land registry data shows two sales for 56 PARKSIDE 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 56 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
2006 23 NOV	£144,000	£224,711	36% below HPI
1999 12 FEB	£45,500	£84,795	46% below HPI

56 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 two 56 PARKSIDE sales from February 1999 and November 2006 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 February 1999 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2006 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 56 PARKSIDE?

56 PARKSIDE is 60m² according to the EPC inspection conducted in September 2016. 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 56 PARKSIDE lies on this distribution: 3% of detached houses are smaller than 56 PARKSIDE, and 97% of houses are larger. Note that EPC data is not available for all properties in Preston.

56 PARKSIDE: Plot and Title Map

56 PARKSIDE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 56 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 56 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 56 PARKSIDE?

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