1, HERITAGE WAY, TARLETON, PRESTON, PR4 6WE - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HERITAGE WAY is a very large extended detached house of 160m², built sometime between 1996 and 2002. It was last sold for £295,000 in May 2020, which was around 1% above the average May 2020 detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

1 HERITAGE WAY Sold Prices

Land registry data shows three sales for 1 HERITAGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 1 HERITAGE 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
2020 5 MAY	£295,000	£291,978	1% above HPI
2018 6 MAR	£277,000	£269,524	3% above HPI
2007 29 AUG	£280,000	£256,227	9% above HPI

1 HERITAGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 1 HERITAGE WAY sales between August 2007 and May 2020 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 March 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1 HERITAGE WAY?

1 HERITAGE WAY is 160m², which includes three extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Tarleton, based on EPC data. The below chart shows the distribution of detached houses by size in Tarleton, and where 1 HERITAGE WAY lies on this distribution: 80% of detached houses are smaller than 1 HERITAGE WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

1 HERITAGE WAY: Plot and Title Map

1 HERITAGE WAY sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 1 HERITAGE 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 1 HERITAGE 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 1 HERITAGE WAY?

1 HERITAGE WAY is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 1 on HERITAGE WAY.