2, VILLA WAY, GARSTANG, PRESTON, PR3 1QG - £275,000

2 VILLA WAY is a very small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £275,000 in October 2012, which was around 37% above the average October 2012 detached price in the Wyre local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

2 VILLA WAY Sold Prices

Land registry data shows two sales for 2 VILLA WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two 2 VILLA WAY 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
2012 22 OCT	£275,000	£200,669	37% above HPI
1997 17 OCT	£102,500	£86,484	19% above HPI

2 VILLA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two 2 VILLA WAY sales from October 1997 and October 2012 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 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2012 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 2 VILLA WAY?

2 VILLA WAY is 90m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Bonds, based on EPC data. The below chart shows the distribution of detached houses by size in Bonds, and where 2 VILLA WAY lies on this distribution: 10% of detached houses are smaller than 2 VILLA WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Bonds.

2 VILLA WAY: Plot and Title Map

2 VILLA WAY sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 2 VILLA WAY, 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 2 VILLA WAY). 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 2 VILLA WAY?

2 VILLA WAY is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 2 on VILLA WAY.