6, FELL VIEW, GRIMSARGH, PRESTON, PR2 5LN - £222,000

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.

6 FELL VIEW is a very small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £288,696. It was last sold for £222,000 in November 2020, which was around 12% below the average November 2020 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 B.

6 FELL VIEW Sold Prices

Land registry data shows two sales for 6 FELL VIEW 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 6 FELL VIEW 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
2020 20 NOV	£222,000	£252,659	12% below HPI
2009 12 JUN	£175,000	£218,579	20% below HPI

6 FELL VIEW 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 6 FELL VIEW sales from June 2009 and November 2020 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 June 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 6 FELL VIEW be worth now?

6 FELL VIEW might now be worth an estimated £288,696.

This is based on house price inflation of 30%, between November 2020 and February 2025, for 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 30% inflationary increase is applied to the most recent sale price for 6 FELL VIEW of £222,000 on 20th November 2020. For the value to have increased from £222,000 to £288,696 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 FELL VIEW has moved in line with the HPI for detached houses in the Preston local authority area.
• The November 2020 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 6 FELL VIEW has not materially changed since November 2020.

How Large is 6 FELL VIEW?

6 FELL VIEW is 89m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsargh, and where 6 FELL VIEW lies on this distribution: 10% of detached houses houses are smaller than 6 FELL VIEW, and 89% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

6 FELL VIEW: Plot and Title Map

6 FELL VIEW sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 6 FELL VIEW, 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 6 FELL VIEW). 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 6 FELL VIEW?

6 FELL VIEW is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 6 on FELL VIEW.