28, SPA ROAD, PRESTON, PR1 8SL - £117,500

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.

28 SPA ROAD is a very small extended terraced house of 65m², built sometime between 1900 and 1929, which could now be worth an estimated £122,825. It was last sold for £117,500 in February 2025, which was around 14% below the average February 2025 terraced price in the Preston local authority area. The most recent EPC inspection was October 2024, where the current energy rating was D, and the potential energy rating was B.

28 SPA ROAD Sold Prices

Land registry data shows four sales for 28 SPA ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Preston local authority area for the corresponding sale date. All of the four 28 SPA 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
2025 7 FEB	£117,500	£136,700	14% below HPI
2006 22 MAR	£86,000	£97,689	12% below HPI
2004 9 JUL	£75,000	£80,329	7% below HPI
2003 14 JUL	£53,500	£58,660	9% below HPI

28 SPA ROAD 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 four 28 SPA ROAD sales between July 2003 and February 2025 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 March 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2025 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 28 SPA ROAD be worth now?

28 SPA ROAD might now be worth an estimated £122,825.

This is based on house price inflation of 4.5%, between February 2025 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 4.5% inflationary increase is applied to the most recent sale price for 28 SPA ROAD of £117,500 on 7th February 2025. For the value to have increased from £117,500 to £122,825 over the nine months to May 2026, the following assumptions must hold true:

• The value of 28 SPA ROAD has moved in line with the HPI for terraced houses in the Preston local authority area.
• The February 2025 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 28 SPA ROAD has not materially changed since February 2025.

How Large is 28 SPA ROAD?

28 SPA ROAD is 65m², which includes one extension, according to the EPC inspection conducted in October 2024. 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 28 SPA ROAD lies on this distribution: 5% of terraced houses houses are smaller than 28 SPA ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Preston.

28 SPA ROAD: Plot and Title Map

28 SPA ROAD sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 28 SPA 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 28 SPA 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 28 SPA ROAD?

28 SPA ROAD is located in PRESTON, in the PR1 postcode district. The below map shows the position of No. 28 on SPA ROAD.