8, YEW TREE AVENUE, GRIMSARGH, PRESTON, PR2 5LA - £265,000

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.

8 YEW TREE AVENUE is a midsized extended terraced house of 153m², built sometime between 1900 and 1929, which could now be worth an estimated £273,440. It was last sold for £265,000 in June 2023, which was around 111% above the average June 2023 terraced price in the Preston local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

8 YEW TREE AVENUE Sold Prices

Land registry data shows two sales for 8 YEW TREE 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 8 YEW TREE 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
2023 23 JUN	£265,000	£125,339	111% above HPI
2011 31 AUG	£143,000	£94,424	51% above HPI

8 YEW TREE 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 8 YEW TREE AVENUE sales from August 2011 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 August 2011 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the June 2023 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.

What might 8 YEW TREE AVENUE be worth now?

8 YEW TREE AVENUE might now be worth an estimated £273,440.

This is based on house price inflation of 3.2%, between June 2023 and June 2025, 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 3.2% inflationary increase is applied to the most recent sale price for 8 YEW TREE AVENUE of £265,000 on 23rd June 2023. For the value to have increased from £265,000 to £273,440 over the two years to June 2025, the following assumptions must hold true:

• The value of 8 YEW TREE AVENUE has moved in line with the HPI for terraced houses in the Preston local authority area.
• The June 2023 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 8 YEW TREE AVENUE has not materially changed since June 2023.

How Large is 8 YEW TREE AVENUE?

8 YEW TREE AVENUE is 153m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of terraced houses houses in Grimsargh, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grimsargh, and where 8 YEW TREE AVENUE lies on this distribution: 58% of terraced houses houses are smaller than 8 YEW TREE AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

8 YEW TREE AVENUE: Plot and Title Map

8 YEW TREE AVENUE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 8 YEW TREE 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 8 YEW TREE 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 8 YEW TREE AVENUE?

8 YEW TREE AVENUE is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 8 on YEW TREE AVENUE.