59, LOWER BANK ROAD, FULWOOD, PRESTON, PR2 8NU - £605,000

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

59 LOWER BANK ROAD is a very large extended detached house of 222m², built sometime before 1900. It was last sold for £605,000 in July 2022, which was around 122% above the average July 2022 detached price in the Preston local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

59 LOWER BANK ROAD Sold Prices

Land registry data shows three sales for 59 LOWER BANK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 59 LOWER BANK ROAD 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
2022 7 JUL	£605,000	£272,680	122% above HPI
2007 18 OCT	£495,000	£241,729	105% above HPI
1996 6 DEC	£155,000	£82,530	88% above HPI

59 LOWER BANK ROAD 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 three 59 LOWER BANK ROAD sales between December 1996 and July 2022 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 October 2007 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the July 2022 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

How Large is 59 LOWER BANK ROAD?

59 LOWER BANK ROAD is 222m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 59 LOWER BANK ROAD lies on this distribution: 94% of detached houses are smaller than 59 LOWER BANK ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

59 LOWER BANK ROAD: Plot and Title Map

59 LOWER BANK ROAD sits on a plot of roughly 0.265 of an acre, or 1,073m². The below map shows the location of 59 LOWER BANK ROAD, 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 59 LOWER BANK ROAD). 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 59 LOWER BANK ROAD?

59 LOWER BANK ROAD is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 59 on LOWER BANK ROAD.