2, FAIRFIELD, GARSTANG, PRESTON, PR3 1JW - £409,000

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

2 FAIRFIELD is a very large extended detached house of 198m², built sometime between 1996 and 2002. It was last sold for £409,000 in June 2020, which was around 85% above the average June 2020 detached price in the Wyre local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

2 FAIRFIELD Sold Prices

Land registry data shows three sales for 2 FAIRFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three 2 FAIRFIELD 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
2020 3 JUN	£409,000	£221,297	85% above HPI
2011 19 DEC	£350,000	£199,018	76% above HPI
2006 1 DEC	£395,000	£221,289	78% above HPI

2 FAIRFIELD 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 three 2 FAIRFIELD sales between December 2006 and June 2020 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 2011 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the June 2020 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 2 FAIRFIELD?

2 FAIRFIELD is 198m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses by size in Garstang, and where 2 FAIRFIELD lies on this distribution: 93% of detached houses are smaller than 2 FAIRFIELD, and 7% of houses are larger. Note that EPC data is not available for all properties in Garstang.

2 FAIRFIELD: Plot and Title Map

2 FAIRFIELD sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 2 FAIRFIELD, 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 2 FAIRFIELD). 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 2 FAIRFIELD?

2 FAIRFIELD is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 2 on FAIRFIELD.