7, CHEDDAR DRIVE, FULWOOD, PRESTON, PR2 9HA - £162,000

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

7 CHEDDAR DRIVE is a small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £162,000 in February 2013, which was around 20% below the average February 2013 detached price in the Preston local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

7 CHEDDAR DRIVE Sold Prices

Land registry data shows two sales for 7 CHEDDAR DRIVE 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 7 CHEDDAR 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
2013 4 FEB	£162,000	£203,756	20% below HPI
2004 6 AUG	£169,500	£184,718	8% below HPI

7 CHEDDAR DRIVE 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 7 CHEDDAR DRIVE sales from August 2004 and February 2013 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 August 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 CHEDDAR DRIVE?

7 CHEDDAR DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in October 2011. 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 7 CHEDDAR DRIVE lies on this distribution: 28% of detached houses are smaller than 7 CHEDDAR DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Preston.

7 CHEDDAR DRIVE: Plot and Title Map

7 CHEDDAR DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 7 CHEDDAR 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 7 CHEDDAR 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.

Where is 7 CHEDDAR DRIVE?

7 CHEDDAR DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 7 on CHEDDAR DRIVE.