15, MILLER FIELD, LEA, PRESTON, PR2 1XB - £58,000

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.

15 MILLER FIELD is a very small terraced house of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £84,709. It was last sold for £58,000 in December 2016, which was around 41% below the average December 2016 terraced price in the Preston local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

15 MILLER FIELD Sold Prices

Land registry data shows two sales for 15 MILLER FIELD 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 15 MILLER FIELD sales were for below 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
2016 15 DEC	£58,000	£97,840	41% below HPI
2005 28 APR	£73,000	£92,731	21% below HPI

15 MILLER FIELD 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 15 MILLER FIELD sales from April 2005 and December 2016 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 April 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 15 MILLER FIELD be worth now?

15 MILLER FIELD might now be worth an estimated £84,709.

This is based on house price inflation of 46%, between December 2016 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 46% inflationary increase is applied to the most recent sale price for 15 MILLER FIELD of £58,000 on 15th December 2016. For the value to have increased from £58,000 to £84,709 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of 15 MILLER FIELD has moved in line with the HPI for terraced houses in the Preston local authority area.
• The December 2016 sale price of £58,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MILLER FIELD has not materially changed since December 2016.

How Large is 15 MILLER FIELD?

15 MILLER FIELD is 40m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% 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 15 MILLER FIELD lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 MILLER FIELD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Preston.

15 MILLER FIELD: Plot and Title Map

15 MILLER FIELD sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 15 MILLER FIELD, 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 15 MILLER FIELD). 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 15 MILLER FIELD?

15 MILLER FIELD is located in LEA, in the PR2 postcode district. The below map shows the position of No. 15 on MILLER FIELD.