8, FAREHAM CLOSE, FULWOOD, PRESTON, PR2 8FH - £250,000

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

8 FAREHAM CLOSE is a large detached house of 147m², built sometime between 1996 and 2002. It was last sold for £250,000 in November 2021, which was around 5% below the average November 2021 detached price in the Preston local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

8 FAREHAM CLOSE Sold Prices

Land registry data shows three sales for 8 FAREHAM CLOSE 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. One of the three 8 FAREHAM CLOSE sales was for below the average price, whilst two 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
2021 24 NOV	£250,000	£263,411	5% below HPI
2005 25 OCT	£393,500	£208,107	89% above HPI
1996 6 SEP	£131,250	£80,761	63% above HPI

8 FAREHAM CLOSE 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 FAREHAM CLOSE sales between September 1996 and November 2021 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 October 2005 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the November 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 FAREHAM CLOSE?

8 FAREHAM CLOSE is 147m² according to the EPC inspection conducted in May 2021. This puts it in the largest 30% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 8 FAREHAM CLOSE lies on this distribution: 75% of detached houses are smaller than 8 FAREHAM CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

8 FAREHAM CLOSE: Plot and Title Map

8 FAREHAM CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 8 FAREHAM CLOSE, 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 FAREHAM CLOSE). 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 FAREHAM CLOSE?

8 FAREHAM CLOSE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 8 on FAREHAM CLOSE.