7, SEVERN HILL, FULWOOD, PRESTON, PR2 3RD - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 SEVERN HILL is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £215,000 in July 2020, which was around 8% below the average July 2020 detached price in the Preston local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

7 SEVERN HILL Sold Prices

Land registry data shows four sales for 7 SEVERN HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Most of the four 7 SEVERN HILL 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 24 JUL	£215,000	£234,222	8% below HPI
2018 27 APR	£213,000	£225,964	6% below HPI
2013 15 FEB	£205,000	£203,756	1% above HPI
2001 30 JUL	£91,000	£103,827	12% below HPI

7 SEVERN HILL 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 four 7 SEVERN HILL sales between July 2001 and July 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 April 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 SEVERN HILL?

7 SEVERN HILL is 78m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 7 SEVERN HILL lies on this distribution: 9% of detached houses are smaller than 7 SEVERN HILL, and 90% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

7 SEVERN HILL: Plot and Title Map

7 SEVERN HILL sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 7 SEVERN HILL, 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 SEVERN HILL). 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 SEVERN HILL?

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