38, LEA ROAD, LEA, PRESTON, PR2 1TP - £235,000

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.

38 LEA ROAD is a large extended detached house of 120m², built sometime between 1930 and 1949, which could now be worth an estimated £294,494. It was last sold for £235,000 in August 2021, which was around 13% below the average August 2021 detached price in the Preston local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

38 LEA ROAD Sold Prices

Land registry data shows one sale for 38 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
2021 19 AUG	£235,000	£271,346	13% below HPI

What might 38 LEA ROAD be worth now?

38 LEA ROAD might now be worth an estimated £294,494.

This is based on house price inflation of 25.3%, between August 2021 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 25.3% inflationary increase is applied to the most recent sale price for 38 LEA ROAD of £235,000 on 19th August 2021. For the value to have increased from £235,000 to £294,494 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 38 LEA ROAD has moved in line with the HPI for detached houses in the Preston local authority area.
• The August 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LEA ROAD has not materially changed since August 2021.

How Large is 38 LEA ROAD?

38 LEA ROAD is 120m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 38 LEA ROAD lies on this distribution: 65% of detached houses are smaller than 38 LEA ROAD, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Preston.

38 LEA ROAD: Plot

38 LEA ROAD sits on a plot of roughly 0.214 of an acre, or 865m².

Where is 38 LEA ROAD?

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