9, CHESTNUT DRIVE, FULWOOD, PRESTON, PR2 9UH - £155,000

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

9 CHESTNUT DRIVE is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £155,000 in September 2013, which was around 32% below the average September 2013 detached price in the Preston local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

9 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 9 CHESTNUT DRIVE 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 9 CHESTNUT DRIVE 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
2013 13 SEP	£155,000	£228,727	32% below HPI
2003 7 NOV	£140,500	£166,004	15% below HPI

9 CHESTNUT DRIVE 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 9 CHESTNUT DRIVE sales from November 2003 and September 2013 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 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 9 CHESTNUT DRIVE be worth now?

9 CHESTNUT DRIVE might now be worth an estimated £220,500.

This is based on house price inflation of 42.3%, between September 2013 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 9 CHESTNUT DRIVE of £155,000 on 13th September 2013. For the value to have increased from £155,000 to £220,500 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 9 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the Preston local authority area.
• The September 2013 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHESTNUT DRIVE has not materially changed since September 2013.

How Large is 9 CHESTNUT DRIVE?

9 CHESTNUT DRIVE is 86m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% 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 9 CHESTNUT DRIVE lies on this distribution: 15% of detached houses houses are smaller than 9 CHESTNUT DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

9 CHESTNUT DRIVE: Plot and Title Map

9 CHESTNUT DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 9 CHESTNUT DRIVE, 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 9 CHESTNUT DRIVE). 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 9 CHESTNUT DRIVE?

9 CHESTNUT DRIVE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 9 on CHESTNUT DRIVE.