BOWMONT LODGE, WALKER LANE, FULWOOD, PRESTON, PR2 7AP - £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

BOWMONT LODGE is a very large detached house of 282m², built sometime between 2003 and 2006, which could now be worth an estimated £719,067. It was last sold for £500,000 in June 2011, which was around 121% above the average June 2011 detached price in the Preston local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

BOWMONT LODGE Sold Prices

Land registry data shows two sales for BOWMONT LODGE 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 BOWMONT LODGE 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
2011 17 JUN	£500,000	£226,253	121% above HPI
2003 22 AUG	£366,000	£161,228	127% above HPI

BOWMONT LODGE 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 BOWMONT LODGE sales from August 2003 and June 2011 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 August 2003 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the June 2011 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

What might BOWMONT LODGE be worth now?

BOWMONT LODGE might now be worth an estimated £719,067.

This is based on house price inflation of 43.8%, between June 2011 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 43.8% inflationary increase is applied to the most recent sale price for BOWMONT LODGE of £500,000 on 17th June 2011. For the value to have increased from £500,000 to £719,067 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of BOWMONT LODGE has moved in line with the HPI for detached houses in the Preston local authority area.
• The June 2011 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of BOWMONT LODGE has not materially changed since June 2011.

How Large is BOWMONT LODGE?

BOWMONT LODGE is 282m² according to the EPC inspection conducted in April 2011. 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 BOWMONT LODGE lies on this distribution: 98% of detached houses houses are smaller than BOWMONT LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

BOWMONT LODGE: Plot and Title Map

BOWMONT LODGE sits on a plot of roughly 0.363 of an acre, or 1,470m². The below map shows the location of BOWMONT LODGE, 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 BOWMONT LODGE). 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 BOWMONT LODGE?

BOWMONT LODGE is located on WALKER LANE in FULWOOD, in the PR2 postcode district. The below map shows the position of BOWMONT LODGE on WALKER LANE.