10, SPA ROAD, PRESTON, PR1 8SL - £135,000

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.

10 SPA ROAD is a large extended terraced house of 125m², built sometime between 1900 and 1929, which could now be worth an estimated £191,594. It was last sold for £135,000 in September 2015, which was around 34% above the average September 2015 terraced price in the Preston local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

10 SPA ROAD Sold Prices

Land registry data shows two sales for 10 SPA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Preston local authority area for the corresponding sale date. Both of the two 10 SPA ROAD 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
2015 10 SEP	£135,000	£100,686	34% above HPI
2003 28 NOV	£120,000	£63,313	90% above HPI

10 SPA ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Preston local authority area over time, sourced from the HPI. The two 10 SPA ROAD sales from November 2003 and September 2015 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 2003 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the September 2015 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 10 SPA ROAD be worth now?

10 SPA ROAD might now be worth an estimated £191,594.

This is based on house price inflation of 41.9%, between September 2015 and May 2026, for terraced 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 41.9% inflationary increase is applied to the most recent sale price for 10 SPA ROAD of £135,000 on 10th September 2015. For the value to have increased from £135,000 to £191,594 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 10 SPA ROAD has moved in line with the HPI for terraced houses in the Preston local authority area.
• The September 2015 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SPA ROAD has not materially changed since September 2015.

How Large is 10 SPA ROAD?

10 SPA ROAD is 125m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of terraced houses houses in Preston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Preston, and where 10 SPA ROAD lies on this distribution: 70% of terraced houses houses are smaller than 10 SPA ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Preston.

10 SPA ROAD: Plot and Title Map

10 SPA ROAD sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 10 SPA ROAD, 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 10 SPA ROAD). 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 10 SPA ROAD?

10 SPA ROAD is located in PRESTON, in the PR1 postcode district. The below map shows the position of No. 10 on SPA ROAD.