9, PINE WALKS, LEA, PRESTON, PR2 1WA - £250,000

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 PINE WALKS is a large extended detached house of 124m², built sometime between 1991 and 1995, which could now be worth an estimated £288,709. It was last sold for £250,000 in May 2022, which was around 12% below the average May 2022 detached price in the Preston local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

9 PINE WALKS Sold Prices

Land registry data shows two sales for 9 PINE WALKS 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 PINE WALKS 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
2022 27 MAY	£250,000	£284,513	12% below HPI
2010 11 JUN	£198,000	£237,742	17% below HPI

9 PINE WALKS 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 PINE WALKS sales from June 2010 and May 2022 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 June 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 9 PINE WALKS be worth now?

9 PINE WALKS might now be worth an estimated £288,709.

This is based on house price inflation of 15.5%, between May 2022 and February 2025, 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 15.5% inflationary increase is applied to the most recent sale price for 9 PINE WALKS of £250,000 on 27th May 2022. For the value to have increased from £250,000 to £288,709 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 9 PINE WALKS has moved in line with the HPI for detached houses in the Preston local authority area.
• The May 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PINE WALKS has not materially changed since May 2022.

How Large is 9 PINE WALKS?

9 PINE WALKS is 124m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 30% 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 9 PINE WALKS lies on this distribution: 70% of detached houses houses are smaller than 9 PINE WALKS, and 30% of houses are larger. Note that EPC data is not available for all properties in Preston.

9 PINE WALKS: Plot and Title Map

9 PINE WALKS sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 9 PINE WALKS, 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 PINE WALKS). 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 PINE WALKS?

9 PINE WALKS is located in LEA, in the PR2 postcode district. The below map shows the position of No. 9 on PINE WALKS.