7, THE NEWLINKS, TUDOR AVENUE, LEA, PRESTON, PR4 0XA - £450,000

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 THE NEWLINKS is a very large detached house of 169m², built sometime between 2007 and 2011. It was last sold for £450,000 in October 2022, which was around 58% above the average October 2022 detached price in the Preston local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

7 THE NEWLINKS Sold Prices

Land registry data shows two sales for 7 THE NEWLINKS 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. One of the two 7 THE NEWLINKS sales was for above the average price, whilst the other was 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
2022 20 OCT	£450,000	£284,553	58% above HPI
2010 8 DEC	£160,000	£211,447	24% below HPI

7 THE NEWLINKS 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 THE NEWLINKS sales from December 2010 and October 2022 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 December 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 7 THE NEWLINKS?

7 THE NEWLINKS is 169m² according to the EPC inspection conducted in January 2022. This puts it in the largest 10% 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 THE NEWLINKS lies on this distribution: 91% of detached houses are smaller than 7 THE NEWLINKS, and 9% of houses are larger. Note that EPC data is not available for all properties in Preston.

7 THE NEWLINKS: Plot and Title Map

7 THE NEWLINKS sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 7 THE NEWLINKS, 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 THE NEWLINKS). 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 THE NEWLINKS?

7 THE NEWLINKS is located on TUDOR AVENUE in LEA, in the PR4 postcode district. The below map shows the position of 7 THE NEWLINKS on TUDOR AVENUE.