16, WILLOW DRIVE, WREA GREEN, PRESTON, PR4 2NT - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 WILLOW DRIVE is a very large extended semi-detached house of 306m², built sometime between 1996 and 2002. It was last sold for £500,000 in December 2013, which was around 100% above the average December 2013 detached price in the Fylde local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

16 WILLOW DRIVE Sold Prices

Land registry data shows two sales for 16 WILLOW DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. Both of the two 16 WILLOW DRIVE 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
2013 17 DEC	£500,000	£250,140	100% above HPI
2001 10 AUG	£291,500	£126,083	131% above HPI

16 WILLOW DRIVE 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 two 16 WILLOW DRIVE sales from August 2001 and December 2013 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 August 2001 sale was for 131% above the HPI. So the extrapolation line tracks at 131% above the HPI over time, until the December 2013 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is 16 WILLOW DRIVE?

16 WILLOW DRIVE is 306m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Wrea Green, based on EPC data. The below chart shows the distribution of detached houses by size in Wrea Green, and where 16 WILLOW DRIVE lies on this distribution: 97% of detached houses are smaller than 16 WILLOW DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Wrea Green.

16 WILLOW DRIVE: Plot and Title Map

16 WILLOW DRIVE sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 16 WILLOW 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 16 WILLOW 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 16 WILLOW DRIVE?

16 WILLOW DRIVE is located in WREA GREEN, in the PR4 postcode district. The below map shows the position of No. 16 on WILLOW DRIVE.