8, IVY BANK, FULWOOD, PRESTON, PR2 9LD - £180,000

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 IVY BANK is a very small extended detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £256,085. It was last sold for £180,000 in July 2014, which was around 21% below the average July 2014 detached price in the Preston local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

8 IVY BANK Sold Prices

Land registry data shows three sales for 8 IVY BANK 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 IVY BANK 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
2014 2 JUL	£180,000	£228,708	21% below HPI
2002 22 NOV	£121,950	£131,786	7% below HPI
1995 15 DEC	£79,400	£83,592	5% below HPI

8 IVY BANK 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 IVY BANK sales between December 1995 and July 2014 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 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 8 IVY BANK be worth now?

8 IVY BANK might now be worth an estimated £256,085.

This is based on house price inflation of 42.3%, between July 2014 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 42.3% inflationary increase is applied to the most recent sale price for 8 IVY BANK of £180,000 on 2nd July 2014. For the value to have increased from £180,000 to £256,085 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 IVY BANK has moved in line with the HPI for detached houses in the Preston local authority area.
• The July 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 IVY BANK has not materially changed since July 2014.

How Large is 8 IVY BANK?

8 IVY BANK is 78m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 8 IVY BANK lies on this distribution: 17% of detached houses houses are smaller than 8 IVY BANK, and 82% of houses are larger. Note that EPC data is not available for all properties in Preston.

8 IVY BANK: Plot and Title Map

8 IVY BANK sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 8 IVY BANK, 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 IVY BANK). 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 IVY BANK?

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