ELMDENE, RAIKES ROAD, GREAT ECCLESTON, PRESTON, PR3 0YA - £165,000

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.

ELMDENE is a very small semi-detached house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £248,297. It was last sold for £165,000 in May 2013, which was around 33% above the average May 2013 semi-detached price in the Wyre local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

ELMDENE Sold Prices

Land registry data shows two sales for ELMDENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wyre local authority area for the corresponding sale date. One of the two ELMDENE sales was for above the average price, whilst the other was 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
2013 10 MAY	£165,000	£124,148	33% above HPI
1999 23 DEC	£50,000	£56,777	12% below HPI

ELMDENE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wyre local authority area over time, sourced from the HPI. The two ELMDENE sales from December 1999 and May 2013 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 December 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2013 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might ELMDENE be worth now?

ELMDENE might now be worth an estimated £248,297.

This is based on house price inflation of 50.5%, between May 2013 and May 2026, for semi-detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.5% inflationary increase is applied to the most recent sale price for ELMDENE of £165,000 on 10th May 2013. For the value to have increased from £165,000 to £248,297 over the thirteen years to May 2026, the following assumptions must hold true:

• The value of ELMDENE has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The May 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of ELMDENE has not materially changed since May 2013.

How Large is ELMDENE?

ELMDENE is 84m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of semi-detached houses houses in Great Eccleston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Eccleston, and where ELMDENE lies on this distribution: 10% of semi-detached houses houses are smaller than ELMDENE, and 89% of houses are larger. Note that EPC data is not available for all properties in Great Eccleston.

ELMDENE: Plot and Title Map

ELMDENE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of ELMDENE, 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 ELMDENE). 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 ELMDENE?

ELMDENE is located on RAIKES ROAD in GREAT ECCLESTON, in the PR3 postcode district. The below map shows the position of ELMDENE on RAIKES ROAD.