7, FELL VIEW, GRIMSARGH, PRESTON, PR2 5LN - £183,500

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.

7 FELL VIEW is a very small extended semi-detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £245,023. It was last sold for £183,500 in October 2019, which was around 26% above the average October 2019 semi-detached price in the Preston local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

7 FELL VIEW Sold Prices

Land registry data shows four sales for 7 FELL VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. All of the four 7 FELL VIEW 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
2019 31 OCT	£183,500	£145,304	26% above HPI
2004 20 JUL	£155,000	£115,113	35% above HPI
2003 16 APR	£90,000	£79,499	13% above HPI
2002 24 MAY	£77,500	£67,761	14% above HPI

7 FELL VIEW Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The four 7 FELL VIEW sales between May 2002 and October 2019 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 2004 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2019 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 7 FELL VIEW be worth now?

7 FELL VIEW might now be worth an estimated £245,023.

This is based on house price inflation of 33.5%, between October 2019 and February 2025, for semi-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 33.5% inflationary increase is applied to the most recent sale price for 7 FELL VIEW of £183,500 on 31st October 2019. For the value to have increased from £183,500 to £245,023 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 FELL VIEW has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The October 2019 sale price of £183,500 represented a fair market value for the property.
• The size, condition, and specification of 7 FELL VIEW has not materially changed since October 2019.

How Large is 7 FELL VIEW?

7 FELL VIEW is 77m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of semi-detached houses houses in Grimsargh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimsargh, and where 7 FELL VIEW lies on this distribution: 7% of semi-detached houses houses are smaller than 7 FELL VIEW, and 92% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

7 FELL VIEW: Plot and Title Map

7 FELL VIEW sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 7 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 7 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 7 FELL VIEW?

7 FELL VIEW is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 7 on FELL VIEW.