48, LEA ROAD, LEA, PRESTON, PR2 1TP - £160,000

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.

48 LEA ROAD is a midsized extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £223,724. It was last sold for £160,000 in May 2019, which was around 34% below the average May 2019 detached price in the Preston local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

48 LEA ROAD Sold Prices

Land registry data shows one sale for 48 LEA ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Preston local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 24 MAY	£160,000	£243,186	34% below HPI

What might 48 LEA ROAD be worth now?

48 LEA ROAD might now be worth an estimated £223,724.

This is based on house price inflation of 39.8%, between May 2019 and April 2026, 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 39.8% inflationary increase is applied to the most recent sale price for 48 LEA ROAD of £160,000 on 24th May 2019. For the value to have increased from £160,000 to £223,724 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 48 LEA ROAD has moved in line with the HPI for detached houses in the Preston local authority area.
• The May 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 48 LEA ROAD has not materially changed since May 2019.

How Large is 48 LEA ROAD?

48 LEA ROAD is 104m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 48 LEA ROAD lies on this distribution: 50% of detached houses are smaller than 48 LEA ROAD, and 50% of detached houses are larger. Note that EPC data is not available for all properties in Preston.

48 LEA ROAD: Plot

48 LEA ROAD sits on a plot of roughly 0.122 of an acre, or 495m².

Where is 48 LEA ROAD?

48 LEA ROAD is located in LEA, in the PR2 postcode district.