8, HIGHER BANK ROAD, FULWOOD, PRESTON, PR2 8PD - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 HIGHER BANK ROAD is a very large extended detached house of 242m², built sometime between 1950 and 1966. It was last sold for £265,000 in January 2012, which was around 26% above the average January 2012 detached price in the Preston local authority area. The most recent EPC inspection was December 2023, where the current energy rating was G, and the potential energy rating was D.

8 HIGHER BANK ROAD Sold Prices

Land registry data shows two sales for 8 HIGHER BANK ROAD 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. Both of the two 8 HIGHER BANK 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
2012 20 JAN	£265,000	£210,993	26% above HPI
1997 29 APR	£96,500	£81,599	18% above HPI

8 HIGHER BANK ROAD 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 8 HIGHER BANK ROAD sales from April 1997 and January 2012 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 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2012 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 8 HIGHER BANK ROAD?

8 HIGHER BANK ROAD is 242m², which includes two extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 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 8 HIGHER BANK ROAD lies on this distribution: 96% of detached houses are smaller than 8 HIGHER BANK ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

8 HIGHER BANK ROAD: Plot and Title Map

8 HIGHER BANK ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 8 HIGHER BANK 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 8 HIGHER BANK 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 8 HIGHER BANK ROAD?

8 HIGHER BANK ROAD is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 8 on HIGHER BANK ROAD.