8, OLD CROFT, FULWOOD, PRESTON, PR2 3LJ - £500,000

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 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 204% 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.

8 OLD CROFT Sold Prices

Land registry data shows three sales for 8 OLD CROFT 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. 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	£164,570	204% above HPI
2002 1 JUL	£325,000	£127,810	154% above HPI
1999 22 JAN	£37,500	£91,188	59% below HPI

8 OLD CROFT 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 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 154% above the HPI. So the extrapolation line tracks at 154% above the HPI over time, until the October 2003 sale, where it rises to 204% above the HPI. The line then continues to track at 204% above the HPI.

What might 8 OLD CROFT be worth now?

8 OLD CROFT might now be worth an estimated £988,582.

This is based on house price inflation of 97.7%, between October 2003 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 97.7% inflationary increase is applied to the most recent sale price for 8 OLD CROFT of £500,000 on 15th October 2003. For the value to have increased from £500,000 to £988,582 over the twenty years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 OLD CROFT has moved in line with the HPI for detached houses in the Preston local authority area.
• The October 2003 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OLD CROFT has not materially changed since October 2003.

How Large is 8 OLD CROFT?

8 OLD CROFT is 337m² according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulwood, and where 8 OLD CROFT lies on this distribution: 99% of detached houses 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: Plot and Title Map

8 OLD CROFT sits on a plot of roughly 0.187 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.

Where is 8 OLD CROFT?

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