3, PARKSIDE, LEA, PRESTON, PR2 1YS - £149,950

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.

3 PARKSIDE is a small semi-detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £168,753. It was last sold for £149,950 in April 2022, which was around 12% below the average April 2022 semi-detached price in the Preston local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

3 PARKSIDE Sold Prices

Land registry data shows four sales for 3 PARKSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. All of the four 3 PARKSIDE 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
2022 29 APR	£149,950	£170,921	12% below HPI
2019 28 JUN	£120,000	£141,498	15% below HPI
2014 2 MAY	£119,000	£130,007	8% below HPI
2010 16 AUG	£115,000	£139,776	18% below HPI

3 PARKSIDE 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 four 3 PARKSIDE sales between August 2010 and April 2022 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 June 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 PARKSIDE be worth now?

3 PARKSIDE might now be worth an estimated £168,753.

This is based on house price inflation of 12.5%, between April 2022 and March 2025, 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 12.5% inflationary increase is applied to the most recent sale price for 3 PARKSIDE of £149,950 on 29th April 2022. For the value to have increased from £149,950 to £168,753 over the three years and one month to March 2025, the following assumptions must hold true:

• The value of 3 PARKSIDE has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The April 2022 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKSIDE has not materially changed since April 2022.

How Large is 3 PARKSIDE?

3 PARKSIDE is 83m² according to the EPC inspection conducted in January 2022. 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 3 PARKSIDE lies on this distribution: 23% of semi-detached houses houses are smaller than 3 PARKSIDE, and 76% of houses are larger. Note that EPC data is not available for all properties in Preston.

3 PARKSIDE: Plot and Title Map

3 PARKSIDE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 3 PARKSIDE, 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 3 PARKSIDE). 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 3 PARKSIDE?

3 PARKSIDE is located in LEA, in the PR2 postcode district. The below map shows the position of No. 3 on PARKSIDE.