2 Spring Bank, Preston, PR1 8PL is a freehold terraced property built between 1991-1995. The property offers approximately 678 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £143,550 , which equates to approximately £212 per square foot. It was last sold on 18 Jul 2016 for £100,000. Since then, the value has increased by £43,550, representing a 43.6% increase, or approximately 4.6% per year.

The current estimated value of £143,550 is:

  • 53.4% lower than the average property price on Spring Bank
  • 16.0% higher than the average in the PR1 8PL postcode area
  • and 14.4% lower than the average price for Preston as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 12 February 2025, the property was recorded as rented.

View sold house prices in PR1 8PL

Building approximate location

About Property

Type
Terraced House
Built
1991-1995
Interior Size
678 sq ft
Tenure
Freehold
Price (estimate)
£143,550
Price Per sq ft (estimate)
£212
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Spring Bank, Preston, Lancashire, PR1 8PL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Feb 2025.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Dec 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 13.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 150 mm loft insulation, improving energy efficiency from average to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PR1 8PL

7 th / 20
Price Rank
16% higher than average
4 th / 12
Size Rank
4% smaller than average
6 th / 12
Price Per Sq FT Rank
21% higher than average

Compared to other properties in PR1 8PL , this house's estimated value ranks 7th out of 20. Based on price per square foot, it ranks 6th out of 12 properties. In terms of size, this home ranks 4th out of 12 properties in its postcode area.

Sale History

Today
£143,550
streetscan.co.uk estimate
+44 %
18 Jul 2016
£100,000
Leasehold
+2 %
12 Aug 2014
£98,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 556 sq ft
sale price: £119,000
sale date: 4 Mar 2008
rooms: 3
size: 553 sq ft
sale price: £93,738
sale date: 27 Apr 2007
rooms: 2
size: 441 sq ft
sale price: £54,475
sale date: 31 Mar 2022
rooms: 3
size: 420 sq ft
sale price: £48,500
sale date: 25 Oct 2013
rooms: 2
size: 441 sq ft
sale price: £36,500
sale date: 8 Nov 2002

Data Sources

The property at 2 Spring Bank, Preston, PR1 8PL appears two times in the Land Registry records, with the latest transaction recorded on 18 Jul 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Feb 2025. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.