41, THORNTREES AVENUE, LEA, PRESTON, PR2 1PJ - £266,500

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.

41 THORNTREES AVENUE is a midsized detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £291,010. It was last sold for £266,500 in June 2023, which was around 10% below the average June 2023 detached price in the Preston local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

41 THORNTREES AVENUE Sold Prices

Land registry data shows four sales for 41 THORNTREES AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 41 THORNTREES AVENUE 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
2023 22 JUN	£266,500	£296,565	10% below HPI
2022 13 JUL	£263,000	£290,623	10% below HPI
2015 14 APR	£195,000	£230,942	16% below HPI
2009 18 AUG	£187,000	£225,203	17% below HPI

41 THORNTREES AVENUE 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 four 41 THORNTREES AVENUE sales between August 2009 and June 2023 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 July 2022 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2023 sale, which was also at 10% below the HPI.

What might 41 THORNTREES AVENUE be worth now?

41 THORNTREES AVENUE might now be worth an estimated £291,010.

This is based on house price inflation of 9.2%, between June 2023 and March 2025, for 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 9.2% inflationary increase is applied to the most recent sale price for 41 THORNTREES AVENUE of £266,500 on 22nd June 2023. For the value to have increased from £266,500 to £291,010 over the two years and three months to March 2025, the following assumptions must hold true:

• The value of 41 THORNTREES AVENUE has moved in line with the HPI for detached houses in the Preston local authority area.
• The June 2023 sale price of £266,500 represented a fair market value for the property.
• The size, condition, and specification of 41 THORNTREES AVENUE has not materially changed since June 2023.

How Large is 41 THORNTREES AVENUE?

41 THORNTREES AVENUE is 100m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 41 THORNTREES AVENUE lies on this distribution: 43% of detached houses houses are smaller than 41 THORNTREES AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Preston.

41 THORNTREES AVENUE: Plot and Title Map

41 THORNTREES AVENUE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 41 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 41 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 41 THORNTREES AVENUE?

41 THORNTREES AVENUE is located in LEA, in the PR2 postcode district. The below map shows the position of No. 41 on THORNTREES AVENUE.