OLD COMMON, ROSEACRE ROAD, ELSWICK, PRESTON, PR4 3UD - £590,000

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

OLD COMMON is a large extended detached house of 166m², built sometime between 1950 and 1966, which could now be worth an estimated £678,304. It was last sold for £590,000 in June 2021, which was around 77% above the average June 2021 detached price in the Fylde local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was D.

OLD COMMON Sold Prices

Land registry data shows two sales for OLD COMMON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. Both of the two OLD COMMON 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
2021 25 JUN	£590,000	£332,884	77% above HPI
2004 28 MAY	£490,000	£224,932	118% above HPI

OLD COMMON Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two OLD COMMON sales from May 2004 and June 2021 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 May 2004 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the June 2021 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might OLD COMMON be worth now?

OLD COMMON might now be worth an estimated £678,304.

This is based on house price inflation of 15%, between June 2021 and December 2024, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for OLD COMMON of £590,000 on 25th June 2021. For the value to have increased from £590,000 to £678,304 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of OLD COMMON has moved in line with the HPI for detached houses in the Fylde local authority area.
• The June 2021 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of OLD COMMON has not materially changed since June 2021.

How Large is OLD COMMON?

OLD COMMON is 166m², which includes three extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 30% of detached houses houses in Elswick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elswick, and where OLD COMMON lies on this distribution: 74% of detached houses houses are smaller than OLD COMMON, and 25% of houses are larger. Note that EPC data is not available for all properties in Elswick.

OLD COMMON: Plot and Title Map

OLD COMMON sits on a plot of roughly 0.574 of an acre, or 2,321m². The below map shows the location of OLD COMMON, 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 OLD COMMON). 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 OLD COMMON?

OLD COMMON is located on ROSEACRE ROAD in ELSWICK, in the PR4 postcode district. The below map shows the position of OLD COMMON on ROSEACRE ROAD.