OAKENHEAD, GOOSNARGH LANE, GOOSNARGH, PRESTON, PR3 2BN - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAKENHEAD is a very small extended semi-detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £275,188. It was last sold for £260,000 in September 2023, which was around 42% above the average September 2023 semi-detached price in the Preston local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

OAKENHEAD Sold Prices

Land registry data shows two sales for OAKENHEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. Both of the two OAKENHEAD 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
2023 4 SEP	£260,000	£183,313	42% above HPI
2012 8 NOV	£213,000	£129,336	65% above HPI

OAKENHEAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The two OAKENHEAD sales from November 2012 and September 2023 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 November 2012 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the September 2023 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might OAKENHEAD be worth now?

OAKENHEAD might now be worth an estimated £275,188.

This is based on house price inflation of 5.8%, between September 2023 and February 2025, for semi-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 5.8% inflationary increase is applied to the most recent sale price for OAKENHEAD of £260,000 on 4th September 2023. For the value to have increased from £260,000 to £275,188 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of OAKENHEAD has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The September 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of OAKENHEAD has not materially changed since September 2023.

How Large is OAKENHEAD?

OAKENHEAD is 95m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of semi-detached houses houses in Goosnargh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Goosnargh, and where OAKENHEAD lies on this distribution: 16% of semi-detached houses houses are smaller than OAKENHEAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Goosnargh.

OAKENHEAD: Plot and Title Map

OAKENHEAD sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of OAKENHEAD, 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 OAKENHEAD). 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 OAKENHEAD?

OAKENHEAD is located on GOOSNARGH LANE in GOOSNARGH, in the PR3 postcode district. The below map shows the position of OAKENHEAD on GOOSNARGH LANE.