1, THE LANE, POULTON-LE-FYLDE, FY6 7LN - £533,500

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 THE LANE is a very large detached house of 312m², built sometime between 1991 and 1995, which could now be worth an estimated £638,122. It was last sold for £533,500 in May 2021, which was around 106% above the average May 2021 detached price in the Wyre local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

1 THE LANE Sold Prices

Land registry data shows two sales for 1 THE LANE 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 THE LANE 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
2021 7 MAY	£533,500	£259,224	106% above HPI
2002 21 JUN	£309,900	£120,890	156% above HPI

1 THE LANE 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 THE LANE sales from June 2002 and May 2021 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 June 2002 sale was for 156% above the HPI. So the extrapolation line tracks at 156% above the HPI over time, until the May 2021 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might 1 THE LANE be worth now?

1 THE LANE might now be worth an estimated £638,122.

This is based on house price inflation of 19.6%, between May 2021 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 19.6% inflationary increase is applied to the most recent sale price for 1 THE LANE of £533,500 on 7th May 2021. For the value to have increased from £533,500 to £638,122 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 1 THE LANE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The May 2021 sale price of £533,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE LANE has not materially changed since May 2021.

How Large is 1 THE LANE?

1 THE LANE is 312m² according to the EPC inspection conducted in August 2019. This puts it in the largest 10% of detached houses houses in Carleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carleton, and where 1 THE LANE lies on this distribution: 99% of detached houses houses are smaller than 1 THE LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Carleton.

1 THE LANE: Plot and Title Map

1 THE LANE sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 1 THE LANE, 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 THE LANE). 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 THE LANE?

1 THE LANE is located in POULTON-LE-FYLDE, in the FY6 postcode district. The below map shows the position of No. 1 on THE LANE.