TOWER LEA, ROSEACRE ROAD, ELSWICK, PRESTON, PR4 3UD - £390,000

TOWER LEA is a very large extended detached house of 259m², built sometime between 1930 and 1949. It was last sold for £390,000 in July 2016, which was around 42% above the average July 2016 detached price in the Fylde local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

TOWER LEA Sold Prices

Land registry data shows two sales for TOWER LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. Both of the two TOWER LEA 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
2016 15 JUL	£390,000	£274,755	42% above HPI
1998 26 OCT	£200,000	£103,732	93% above HPI

TOWER LEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two TOWER LEA sales from October 1998 and July 2016 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 October 1998 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the July 2016 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is TOWER LEA?

TOWER LEA is 259m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Elswick, based on EPC data. The below chart shows the distribution of detached houses by size in Elswick, and where TOWER LEA lies on this distribution: 96% of detached houses are smaller than TOWER LEA, and 4% of houses are larger. Note that EPC data is not available for all properties in Elswick.

TOWER LEA: Plot and Title Map

TOWER LEA sits on a plot of roughly 0.509 of an acre, or 2,059m². The below map shows the location of TOWER LEA, 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 TOWER LEA). 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 TOWER LEA?

TOWER LEA is located on ROSEACRE ROAD in ELSWICK, in the PR4 postcode district. The below map shows the position of TOWER LEA on ROSEACRE ROAD.