1, SPRINGVALE, FORTON, PRESTON, PR3 0BQ - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SPRINGVALE is a midsized detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £273,442. It was last sold for £190,000 in May 2014, which was around 12% below the average May 2014 detached price in the Wyre local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

1 SPRINGVALE Sold Prices

Land registry data shows two sales for 1 SPRINGVALE 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 1 SPRINGVALE sales were for 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
2014 12 MAY	£190,000	£215,443	12% below HPI
1995 29 SEP	£79,500	£84,061	5% below HPI

1 SPRINGVALE 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 1 SPRINGVALE sales from September 1995 and May 2014 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 September 1995 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 SPRINGVALE be worth now?

1 SPRINGVALE might now be worth an estimated £273,442.

This is based on house price inflation of 43.9%, between May 2014 and February 2025, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.9% inflationary increase is applied to the most recent sale price for 1 SPRINGVALE of £190,000 on 12th May 2014. For the value to have increased from £190,000 to £273,442 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 1 SPRINGVALE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The May 2014 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGVALE has not materially changed since May 2014.

How Large is 1 SPRINGVALE?

1 SPRINGVALE is 121m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses houses in Forton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Forton, and where 1 SPRINGVALE lies on this distribution: 45% of detached houses houses are smaller than 1 SPRINGVALE, and 55% of houses are larger. Note that EPC data is not available for all properties in Forton.

1 SPRINGVALE: Plot and Title Map

1 SPRINGVALE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 1 SPRINGVALE, 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 SPRINGVALE). 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 SPRINGVALE?

1 SPRINGVALE is located in FORTON, in the PR3 postcode district. The below map shows the position of No. 1 on SPRINGVALE.