8, CROFTS DRIVE, GRIMSARGH, PRESTON, PR2 5LW - £357,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 CROFTS DRIVE is a midsized detached house of 156m², built sometime between 2003 and 2006, which could now be worth an estimated £450,078. It was last sold for £357,500 in November 2007, which was around 38% above the average November 2007 detached price in the Preston local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

8 CROFTS DRIVE Sold Prices

Land registry data shows three sales for 8 CROFTS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 8 CROFTS DRIVE 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
2007 23 NOV	£357,500	£258,453	38% above HPI
2006 28 NOV	£355,000	£239,497	48% above HPI
2005 26 AUG	£337,950	£217,319	56% above HPI

8 CROFTS 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 three 8 CROFTS DRIVE sales between August 2005 and November 2007 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 November 2006 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the November 2007 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 8 CROFTS DRIVE be worth now?

8 CROFTS DRIVE might now be worth an estimated £450,078.

This is based on house price inflation of 25.9%, between November 2007 and December 2024, for 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 25.9% inflationary increase is applied to the most recent sale price for 8 CROFTS DRIVE of £357,500 on 23rd November 2007. For the value to have increased from £357,500 to £450,078 over the sixteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 CROFTS DRIVE has moved in line with the HPI for detached houses in the Preston local authority area.
• The November 2007 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CROFTS DRIVE has not materially changed since November 2007.

How Large is 8 CROFTS DRIVE?

8 CROFTS DRIVE is 156m² according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsargh, and where 8 CROFTS DRIVE lies on this distribution: 58% of detached houses houses are smaller than 8 CROFTS DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

8 CROFTS DRIVE: Plot and Title Map

8 CROFTS DRIVE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 8 CROFTS 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 8 CROFTS 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 8 CROFTS DRIVE?

8 CROFTS DRIVE is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 8 on CROFTS DRIVE.