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 OLD CROFT is a very large detached house of 337m², built sometime between 1996 and 2002. It was last sold for £500,000 in October 2003, which was around 224% above the average October 2003 detached price in the Preston local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 OLD CROFT since 1st 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. Two of the three 8 OLD CROFT sales were for above the average price, whilst one 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 |
---|---|---|---|
2003 15 OCT | £500,000 | £154,410 | 224% above HPI |
2002 1 JUL | £325,000 | £119,920 | 171% above HPI |
1999 22 JAN | £37,500 | £85,558 | 56% below HPI |
The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The three 8 OLD CROFT sales between January 1999 and October 2003 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 July 2002 sale was for 171% above the HPI. So the extrapolation line tracks at 171% above the HPI over time, until the October 2003 sale, where it rises to 224% above the HPI. The line then continues to track at 224% above the HPI.
8 OLD CROFT is 337m² according to the EPC inspection conducted in November 2015. 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 OLD CROFT lies on this distribution: 99% of detached houses are smaller than 8 OLD CROFT, and 1% of houses are larger. Note that EPC data is not available for all properties in Fulwood.
8 OLD CROFT sits on a plot of roughly 0.186 of an acre, or 755m². The below map shows the location of 8 OLD CROFT, 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 OLD CROFT). 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.
8 OLD CROFT is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 8 on OLD CROFT.