2, BOWGREAVE DRIVE, BOWGREAVE, PRESTON, PR3 1TD - £265,000

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.

2 BOWGREAVE DRIVE is a midsized detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £340,588. It was last sold for £265,000 in December 2015, which was around 19% above the average December 2015 detached price in the Wyre local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

2 BOWGREAVE DRIVE Sold Prices

Land registry data shows three sales for 2 BOWGREAVE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three 2 BOWGREAVE DRIVE 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 18 DEC	£265,000	£221,948	19% above HPI
2012 19 OCT	£249,950	£210,657	19% above HPI
1998 29 JAN	£127,950	£87,210	47% above HPI

2 BOWGREAVE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The three 2 BOWGREAVE DRIVE sales between January 1998 and December 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 October 2012 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2015 sale, which was also at 19% above the HPI.

What might 2 BOWGREAVE DRIVE be worth now?

2 BOWGREAVE DRIVE might now be worth an estimated £340,588.

This is based on house price inflation of 28.5%, between December 2015 and June 2025, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.5% inflationary increase is applied to the most recent sale price for 2 BOWGREAVE DRIVE of £265,000 on 18th December 2015. For the value to have increased from £265,000 to £340,588 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of 2 BOWGREAVE DRIVE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The December 2015 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BOWGREAVE DRIVE has not materially changed since December 2015.

How Large is 2 BOWGREAVE DRIVE?

2 BOWGREAVE DRIVE is 141m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses houses in Bowgreave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowgreave, and where 2 BOWGREAVE DRIVE lies on this distribution: 59% of detached houses houses are smaller than 2 BOWGREAVE DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Bowgreave.

2 BOWGREAVE DRIVE: Plot and Title Map

2 BOWGREAVE DRIVE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 2 BOWGREAVE DRIVE, 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 2 BOWGREAVE DRIVE). 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 2 BOWGREAVE DRIVE?

2 BOWGREAVE DRIVE is located in BOWGREAVE, in the PR3 postcode district. The below map shows the position of No. 2 on BOWGREAVE DRIVE.