4, THE SHIRES, LEA, PRESTON, PR4 0DN - £575,000

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.

4 THE SHIRES is a very large detached house of 274m², built in 2012, which could now be worth an estimated £862,950. It was last sold for £575,000 in June 2013, which was around 159% above the average June 2013 detached price in the Preston local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was C.

4 THE SHIRES Sold Prices

Land registry data shows one sale for 4 THE SHIRES 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
2013 14 JUN	£575,000	£221,605	159% above HPI

What might 4 THE SHIRES be worth now?

4 THE SHIRES might now be worth an estimated £862,950.

This is based on house price inflation of 50.1%, between June 2013 and May 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 50.1% inflationary increase is applied to the most recent sale price for 4 THE SHIRES of £575,000 on 14th June 2013. For the value to have increased from £575,000 to £862,950 over the thirteen years and one month to May 2026, the following assumptions must hold true:

• The value of 4 THE SHIRES has moved in line with the HPI for detached houses in the Preston local authority area.
• The June 2013 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE SHIRES has not materially changed since June 2013.

How Large is 4 THE SHIRES?

4 THE SHIRES is 274m² according to the EPC inspection conducted in January 2013. This puts it in the largest 10% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 4 THE SHIRES lies on this distribution: 99% of detached houses are smaller than 4 THE SHIRES, and 1% of detached houses are larger. Note that EPC data is not available for all properties in Preston.

4 THE SHIRES: Plot

4 THE SHIRES sits on a plot of roughly 0.209 of an acre, or 844m².

Where is 4 THE SHIRES?

4 THE SHIRES is located in LEA, in the PR4 postcode district.