BELVEDERE, FERNYHALGH LANE, FULWOOD, PRESTON, PR2 9NU - £385,000

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

BELVEDERE is a very large detached house of 203m², built sometime between 1991 and 1995, which could now be worth an estimated £540,763. It was last sold for £385,000 in August 2012, which was around 66% above the average August 2012 detached price in the Preston local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

BELVEDERE Sold Prices

Land registry data shows two sales for BELVEDERE 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 BELVEDERE sales were for above 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
2012 22 AUG	£385,000	£231,658	66% above HPI
2007 27 APR	£402,000	£247,217	63% above HPI

BELVEDERE 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 BELVEDERE sales from April 2007 and August 2012 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 April 2007 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the August 2012 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might BELVEDERE be worth now?

BELVEDERE might now be worth an estimated £540,763.

This is based on house price inflation of 40.5%, between August 2012 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 40.5% inflationary increase is applied to the most recent sale price for BELVEDERE of £385,000 on 22nd August 2012. For the value to have increased from £385,000 to £540,763 over the eleven years and eight months to December 2024, the following assumptions must hold true:

• The value of BELVEDERE has moved in line with the HPI for detached houses in the Preston local authority area.
• The August 2012 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of BELVEDERE has not materially changed since August 2012.

How Large is BELVEDERE?

BELVEDERE is 203m² according to the EPC inspection conducted in April 2012. This puts it in the largest 10% 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 BELVEDERE lies on this distribution: 95% of detached houses houses are smaller than BELVEDERE, and 5% of houses are larger. Note that EPC data is not available for all properties in Preston.

BELVEDERE: Plot and Title Map

BELVEDERE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of BELVEDERE, 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 BELVEDERE). 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 BELVEDERE?

BELVEDERE is located on FERNYHALGH LANE in FULWOOD, in the PR2 postcode district. The below map shows the position of BELVEDERE on FERNYHALGH LANE.