1B, FERMOR ROAD, TARLETON, PRESTON, PR4 6AP - £222,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1B FERMOR ROAD is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £222,500 in October 2019, which was around 23% below the average October 2019 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

1B FERMOR ROAD Sold Prices

Land registry data shows three sales for 1B FERMOR ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 1B FERMOR ROAD 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 10 OCT	£222,500	£288,966	23% below HPI
2008 9 DEC	£230,000	£238,048	3% below HPI
2007 7 NOV	£225,000	£257,314	13% below HPI

1B FERMOR ROAD 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 three 1B FERMOR ROAD sales between November 2007 and October 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 December 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1B FERMOR ROAD?

1B FERMOR ROAD is 116m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Tarleton, based on EPC data. The below chart shows the distribution of detached houses by size in Tarleton, and where 1B FERMOR ROAD lies on this distribution: 44% of detached houses are smaller than 1B FERMOR ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

1B FERMOR ROAD: Plot and Title Map

1B FERMOR ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1B FERMOR ROAD, 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 1B FERMOR ROAD). 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 1B FERMOR ROAD?

1B FERMOR ROAD is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 1B on FERMOR ROAD.