THE BEECHES, BILSBORROW LANE, BILSBORROW, PRESTON, PR3 0RN - £240,000

THE BEECHES is a midsized extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £240,000 in June 2019, which was around 7% above the average June 2019 detached price in the Wyre local authority area. The most recent EPC inspection was May 2019, where the current energy rating was F, and the potential energy rating was D.

THE BEECHES Sold Prices

Land registry data shows two sales for THE BEECHES 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 THE BEECHES 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
2019 10 JUN	£240,000	£223,693	7% above HPI
1997 15 AUG	£115,000	£83,825	37% above HPI

THE BEECHES 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 THE BEECHES sales from August 1997 and June 2019 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 August 1997 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 131m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Bilsborrow, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsborrow, and where THE BEECHES lies on this distribution: 41% of detached houses are smaller than THE BEECHES, and 59% of houses are larger. Note that EPC data is not available for all properties in Bilsborrow.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

THE BEECHES is located on BILSBORROW LANE in BILSBORROW, in the PR3 postcode district. The below map shows the position of THE BEECHES on BILSBORROW LANE.