12, HERITAGE WAY, TARLETON, PRESTON, PR4 6WE - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 HERITAGE WAY is a large extended detached house of 138m², built sometime between 1996 and 2002, which could now be worth an estimated £372,994. It was last sold for £250,000 in August 2015, which was around 1% above the average August 2015 detached price in the West Lancashire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

12 HERITAGE WAY Sold Prices

Land registry data shows two sales for 12 HERITAGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 12 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
2015 21 AUG	£250,000	£247,203	1% above HPI
2002 27 JUN	£156,950	£129,471	21% above HPI

12 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 two 12 HERITAGE WAY sales from June 2002 and August 2015 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 12 HERITAGE WAY be worth now?

12 HERITAGE WAY might now be worth an estimated £372,994.

This is based on house price inflation of 49.2%, between August 2015 and December 2024, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.2% inflationary increase is applied to the most recent sale price for 12 HERITAGE WAY of £250,000 on 21st August 2015. For the value to have increased from £250,000 to £372,994 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 12 HERITAGE WAY has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The August 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HERITAGE WAY has not materially changed since August 2015.

How Large is 12 HERITAGE WAY?

12 HERITAGE WAY is 138m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses houses in Tarleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tarleton, and where 12 HERITAGE WAY lies on this distribution: 68% of detached houses houses are smaller than 12 HERITAGE WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

12 HERITAGE WAY: Plot and Title Map

12 HERITAGE WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 12 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 12 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 12 HERITAGE WAY?

12 HERITAGE WAY is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 12 on HERITAGE WAY.