Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
56 TEIL GREEN is a small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £185,000 in June 2018, which was around 19% below the average June 2018 detached price in the Preston local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 56 TEIL GREEN since 1st 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. The four 56 TEIL GREEN sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2018 29 JUN | £185,000 | £227,756 | 19% below HPI |
2002 3 APR | £109,000 | £110,825 | 2% below HPI |
2001 21 JUL | £103,500 | £103,827 | Close to HPI |
1998 3 NOV | £84,500 | £86,984 | 3% below HPI |
The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The four 56 TEIL GREEN sales between November 1998 and June 2018 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 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
56 TEIL GREEN is 89m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% 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 TEIL GREEN lies on this distribution: 30% of detached houses are smaller than 56 TEIL GREEN, and 68% of houses are larger. Note that EPC data is not available for all properties in Preston.
56 TEIL GREEN sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 56 TEIL GREEN, 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 TEIL GREEN). 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.
56 TEIL GREEN is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 56 on TEIL GREEN.