16, OAKENGATE, FULWOOD, PRESTON, PR2 9AE - £325,000

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.

16 OAKENGATE is a small extended detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £338,073. It was last sold for £325,000 in October 2024, which was around 2% above the average October 2024 detached price in the Preston local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

16 OAKENGATE Sold Prices

Land registry data shows two sales for 16 OAKENGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 16 OAKENGATE 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
2024 31 OCT	£325,000	£319,720	2% above HPI
2017 27 JAN	£265,000	£238,930	11% above HPI

16 OAKENGATE 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 two 16 OAKENGATE sales from January 2017 and October 2024 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 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2024 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 16 OAKENGATE be worth now?

16 OAKENGATE might now be worth an estimated £338,073.

This is based on house price inflation of 4%, between October 2024 and May 2026, for 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 4% inflationary increase is applied to the most recent sale price for 16 OAKENGATE of £325,000 on 31st October 2024. For the value to have increased from £325,000 to £338,073 over the two years and five months to May 2026, the following assumptions must hold true:

• The value of 16 OAKENGATE has moved in line with the HPI for detached houses in the Preston local authority area.
• The October 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OAKENGATE has not materially changed since October 2024.

How Large is 16 OAKENGATE?

16 OAKENGATE is 94m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 40% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 16 OAKENGATE lies on this distribution: 36% of detached houses houses are smaller than 16 OAKENGATE, and 63% of houses are larger. Note that EPC data is not available for all properties in Preston.

16 OAKENGATE: Plot and Title Map

16 OAKENGATE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 16 OAKENGATE, 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 16 OAKENGATE). 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 16 OAKENGATE?

16 OAKENGATE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 16 on OAKENGATE.