11, FAIRFIELD WAY, WESHAM, PRESTON, PR4 3EP - £215,000

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.

11 FAIRFIELD WAY is a small detached house of 101m², which could now be worth an estimated £276,381. It was last sold for £215,000 in February 2019, which was around 30% below the average February 2019 detached price in the Fylde local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

11 FAIRFIELD WAY Sold Prices

Land registry data shows three sales for 11 FAIRFIELD 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 Fylde local authority area for the corresponding sale date. All of the three 11 FAIRFIELD WAY 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
2019 1 FEB	£215,000	£305,966	30% below HPI
2018 26 OCT	£220,000	£307,817	29% below HPI
2011 27 MAY	£230,000	£264,273	13% below HPI

11 FAIRFIELD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The three 11 FAIRFIELD WAY sales between May 2011 and February 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 October 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 11 FAIRFIELD WAY be worth now?

11 FAIRFIELD WAY might now be worth an estimated £276,381.

This is based on house price inflation of 28.5%, between February 2019 and February 2025, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.5% inflationary increase is applied to the most recent sale price for 11 FAIRFIELD WAY of £215,000 on 1st February 2019. For the value to have increased from £215,000 to £276,381 over the six years to February 2025, the following assumptions must hold true:

• The value of 11 FAIRFIELD WAY has moved in line with the HPI for detached houses in the Fylde local authority area.
• The February 2019 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FAIRFIELD WAY has not materially changed since February 2019.

How Large is 11 FAIRFIELD WAY?

11 FAIRFIELD WAY is 101m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses houses in Wesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wesham, and where 11 FAIRFIELD WAY lies on this distribution: 26% of detached houses houses are smaller than 11 FAIRFIELD WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Wesham.

11 FAIRFIELD WAY: Plot and Title Map

11 FAIRFIELD WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 11 FAIRFIELD 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 11 FAIRFIELD 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 11 FAIRFIELD WAY?

11 FAIRFIELD WAY is located in WESHAM, in the PR4 postcode district. The below map shows the position of No. 11 on FAIRFIELD WAY.