98, SAVICK WAY, LEA, PRESTON, PR2 1XA - £96,000

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

98 SAVICK WAY is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £96,000 in August 2008, which was around 57% below the average August 2008 detached price in the Preston local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

98 SAVICK WAY Sold Prices

Land registry data shows two sales for 98 SAVICK WAY 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 98 SAVICK WAY 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
2008 1 AUG	£96,000	£224,560	57% below HPI
1999 17 DEC	£51,000	£92,821	45% below HPI

98 SAVICK WAY 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 98 SAVICK WAY sales from December 1999 and August 2008 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 December 1999 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2008 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 98 SAVICK WAY?

98 SAVICK WAY is 93m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 98 SAVICK WAY lies on this distribution: 35% of detached houses are smaller than 98 SAVICK WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Preston.

98 SAVICK WAY: Plot and Title Map

98 SAVICK WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 98 SAVICK WAY, 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 98 SAVICK WAY). 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 98 SAVICK WAY?

98 SAVICK WAY is located in LEA, in the PR2 postcode district. The below map shows the position of No. 98 on SAVICK WAY.