MILLER PARK LODGE, WEST CLIFF, PRESTON, PR1 8HU - £167,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MILLER PARK LODGE is a very large extended detached house of 175m², built sometime between 1900 and 1929. It was last sold for £167,000 in May 2020, which was around 26% below the average May 2020 detached price in the Preston local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

MILLER PARK LODGE Sold Prices

Land registry data shows three sales for MILLER PARK LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Two of the three MILLER PARK LODGE sales were for below the average price, whilst one was 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
2020 19 MAY	£167,000	£225,875	26% below HPI
2000 31 JAN	£114,950	£93,374	23% above HPI
1999 8 JAN	£60,000	£85,558	30% below HPI

MILLER PARK 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 three MILLER PARK LODGE sales between January 1999 and May 2020 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 January 2000 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is MILLER PARK LODGE?

MILLER PARK LODGE is 175m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where MILLER PARK LODGE lies on this distribution: 92% of detached houses are smaller than MILLER PARK LODGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Preston.

MILLER PARK LODGE: Plot and Title Map

MILLER PARK LODGE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of MILLER PARK 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 MILLER PARK 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 MILLER PARK LODGE?

MILLER PARK LODGE is located on WEST CLIFF in PRESTON, in the PR1 postcode district. The below map shows the position of MILLER PARK LODGE on WEST CLIFF.