172, SAVICK WAY, LEA, PRESTON, PR2 1XF - £160,000

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.

172 SAVICK WAY is a small extended semi-detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £171,851. It was last sold for £160,000 in November 2023, which was around 15% below the average November 2023 semi-detached price in the Preston local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

172 SAVICK WAY Sold Prices

Land registry data shows three sales for 172 SAVICK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. All of the three 172 SAVICK WAY 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
2023 20 NOV	£160,000	£187,181	15% below HPI
2007 28 SEP	£133,000	£151,811	12% below HPI
2000 31 MAR	£40,000	£53,165	25% below HPI

172 SAVICK WAY 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 three 172 SAVICK WAY sales between March 2000 and November 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 September 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 172 SAVICK WAY be worth now?

172 SAVICK WAY might now be worth an estimated £171,851.

This is based on house price inflation of 7.4%, between November 2023 and May 2026, 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 7.4% inflationary increase is applied to the most recent sale price for 172 SAVICK WAY of £160,000 on 20th November 2023. For the value to have increased from £160,000 to £171,851 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of 172 SAVICK WAY has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The November 2023 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 172 SAVICK WAY has not materially changed since November 2023.

How Large is 172 SAVICK WAY?

172 SAVICK WAY is 83m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of semi-detached houses houses in Preston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preston, and where 172 SAVICK WAY lies on this distribution: 23% of semi-detached houses houses are smaller than 172 SAVICK WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Preston.

172 SAVICK WAY: Plot and Title Map

172 SAVICK WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 172 SAVICK WAY, 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 172 SAVICK WAY). 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 172 SAVICK WAY?

172 SAVICK WAY is located in LEA, in the PR2 postcode district. The below map shows the position of No. 172 on SAVICK WAY.