32, THORNTREES AVENUE, LEA, PRESTON, PR2 1PJ - £148,000

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.

32 THORNTREES AVENUE is a very small extended terraced house of 62m², built sometime between 1930 and 1949, which could now be worth an estimated £184,488. It was last sold for £148,000 in June 2021, which was around 29% above the average June 2021 terraced price in the Preston local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

32 THORNTREES AVENUE Sold Prices

Land registry data shows two sales for 32 THORNTREES AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Preston local authority area for the corresponding sale date. Both of the two 32 THORNTREES AVENUE 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
2021 25 JUN	£148,000	£114,633	29% above HPI
2019 14 JUN	£122,500	£98,694	24% above HPI

32 THORNTREES AVENUE 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 two 32 THORNTREES AVENUE sales from June 2019 and June 2021 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 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 32 THORNTREES AVENUE be worth now?

32 THORNTREES AVENUE might now be worth an estimated £184,488.

This is based on house price inflation of 24.7%, between June 2021 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 24.7% inflationary increase is applied to the most recent sale price for 32 THORNTREES AVENUE of £148,000 on 25th June 2021. For the value to have increased from £148,000 to £184,488 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 32 THORNTREES AVENUE has moved in line with the HPI for terraced houses in the Preston local authority area.
• The June 2021 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 32 THORNTREES AVENUE has not materially changed since June 2021.

How Large is 32 THORNTREES AVENUE?

32 THORNTREES AVENUE is 62m², which includes one extension, according to the EPC inspection conducted in February 2019. 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 32 THORNTREES AVENUE lies on this distribution: 4% of terraced houses houses are smaller than 32 THORNTREES AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Preston.

32 THORNTREES AVENUE: Plot and Title Map

32 THORNTREES AVENUE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 32 THORNTREES AVENUE, 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 32 THORNTREES AVENUE). 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 32 THORNTREES AVENUE?

32 THORNTREES AVENUE is located in LEA, in the PR2 postcode district. The below map shows the position of No. 32 on THORNTREES AVENUE.