7, PARKTHORN ROAD, LEA, PRESTON, PR2 1RB - £123,000

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.

7 PARKTHORN ROAD is a very small semi-detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £164,411. It was last sold for £123,000 in February 2018, which was around 15% below the average February 2018 semi-detached price in the Preston local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

7 PARKTHORN ROAD Sold Prices

Land registry data shows four sales for 7 PARKTHORN ROAD 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. Most of the four 7 PARKTHORN 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
2018 16 FEB	£123,000	£145,152	15% below HPI
2008 4 APR	£155,000	£145,062	7% above HPI
2003 7 NOV	£110,000	£94,577	16% above HPI
2000 17 JUL	£62,000	£56,036	11% above HPI

7 PARKTHORN ROAD 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 PARKTHORN ROAD sales between July 2000 and February 2018 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 April 2008 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 PARKTHORN ROAD be worth now?

7 PARKTHORN ROAD might now be worth an estimated £164,411.

This is based on house price inflation of 33.7%, between February 2018 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 33.7% inflationary increase is applied to the most recent sale price for 7 PARKTHORN ROAD of £123,000 on 16th February 2018. For the value to have increased from £123,000 to £164,411 over the seven years to February 2025, the following assumptions must hold true:

• The value of 7 PARKTHORN ROAD has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The February 2018 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARKTHORN ROAD has not materially changed since February 2018.

How Large is 7 PARKTHORN ROAD?

7 PARKTHORN ROAD is 68m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of semi-detached houses houses in Preston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preston, and where 7 PARKTHORN ROAD lies on this distribution: 6% of semi-detached houses houses are smaller than 7 PARKTHORN ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Preston.

7 PARKTHORN ROAD: Plot and Title Map

7 PARKTHORN ROAD sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 7 PARKTHORN 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 7 PARKTHORN 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 7 PARKTHORN ROAD?

7 PARKTHORN ROAD is located in LEA, in the PR2 postcode district. The below map shows the position of No. 7 on PARKTHORN ROAD.