2, PARKTHORN ROAD, LEA, PRESTON, PR2 1RB - £188,000

2 PARKTHORN ROAD is a midsized extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £188,000 in December 2020, which was around 22% below the average December 2020 detached price in the Preston local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

2 PARKTHORN ROAD Sold Prices

Land registry data shows three sales for 2 PARKTHORN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 2 PARKTHORN ROAD 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
2020 4 DEC	£188,000	£240,907	22% below HPI
2007 12 JAN	£136,000	£222,264	39% below HPI
1998 10 JUL	£49,000	£85,438	43% below HPI

2 PARKTHORN ROAD 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 three 2 PARKTHORN ROAD sales between July 1998 and December 2020 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 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 PARKTHORN ROAD?

2 PARKTHORN ROAD is 113m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 40% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 2 PARKTHORN ROAD lies on this distribution: 59% of detached houses are smaller than 2 PARKTHORN ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Preston.

2 PARKTHORN ROAD: Plot and Title Map

2 PARKTHORN ROAD sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 2 PARKTHORN 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 2 PARKTHORN 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 2 PARKTHORN ROAD?

2 PARKTHORN ROAD is located in LEA, in the PR2 postcode district. The below map shows the position of No. 2 on PARKTHORN ROAD.