1, MEADOW DRIVE, INSKIP, PRESTON, PR4 0EQ - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MEADOW DRIVE is a small detached house of 89m². It was last sold for £290,000 in December 2022, which was about the average December 2022 detached price in the Wyre local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

1 MEADOW DRIVE Sold Prices

Land registry data shows four sales for 1 MEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. The four 1 MEADOW DRIVE sales were a mix of roughly equal to the average price, above the average price, and below 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
2022 9 DEC	£290,000	£291,403	Close to HPI
2019 20 DEC	£210,000	£229,158	8% below HPI
2019 1 NOV	£217,000	£226,554	4% below HPI
2017 7 APR	£224,000	£220,545	2% above HPI

1 MEADOW DRIVE 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 four 1 MEADOW DRIVE sales between April 2017 and December 2022 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 December 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1 MEADOW DRIVE?

1 MEADOW DRIVE is 89m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Inskip, based on EPC data. The below chart shows the distribution of detached houses by size in Inskip, and where 1 MEADOW DRIVE lies on this distribution: 20% of detached houses are smaller than 1 MEADOW DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Inskip.

1 MEADOW DRIVE: Plot and Title Map

1 MEADOW DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 1 MEADOW DRIVE, 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 MEADOW DRIVE). 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 MEADOW DRIVE?

1 MEADOW DRIVE is located in INSKIP, in the PR4 postcode district. The below map shows the position of No. 1 on MEADOW DRIVE.