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
59 ROYAL DRIVE is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £205,000 in March 2024, which was around 30% below the average March 2024 detached price in the Preston local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 59 ROYAL DRIVE since 1st 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 ROYAL DRIVE 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 |
---|---|---|---|
2024 28 MAR | £205,000 | £293,091 | 30% below HPI |
2005 22 JUL | £175,000 | £200,829 | 13% below HPI |
2004 17 DEC | £175,925 | £194,066 | 9% below HPI |
The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The three 59 ROYAL DRIVE sales between December 2004 and March 2024 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 July 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
59 ROYAL DRIVE is 83m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 59 ROYAL DRIVE lies on this distribution: 23% of detached houses are smaller than 59 ROYAL DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Preston.
59 ROYAL DRIVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 59 ROYAL DRIVE, 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 ROYAL DRIVE). 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.
59 ROYAL DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 59 on ROYAL DRIVE.