2, PARROX FOLD, PREESALL, POULTON-LE-FYLDE, FY6 0QX - £485,000

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

2 PARROX FOLD is a very large extended detached house of 266m², built sometime between 1991 and 1995, which could now be worth an estimated £503,517. It was last sold for £485,000 in May 2022, which was around 67% above the average May 2022 detached price in the Wyre local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was C.

2 PARROX FOLD Sold Prices

Land registry data shows two sales for 2 PARROX FOLD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two 2 PARROX FOLD 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
2022 12 MAY	£485,000	£289,577	67% above HPI
1997 6 JUN	£168,000	£87,691	92% above HPI

2 PARROX FOLD 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 two 2 PARROX FOLD sales from June 1997 and May 2022 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 1997 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the May 2022 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 2 PARROX FOLD be worth now?

2 PARROX FOLD might now be worth an estimated £503,517.

This is based on house price inflation of 3.8%, between May 2022 and December 2024, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 2 PARROX FOLD of £485,000 on 12th May 2022. For the value to have increased from £485,000 to £503,517 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 2 PARROX FOLD has moved in line with the HPI for detached houses in the Wyre local authority area.
• The May 2022 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARROX FOLD has not materially changed since May 2022.

How Large is 2 PARROX FOLD?

2 PARROX FOLD is 266m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preesall, and where 2 PARROX FOLD lies on this distribution: 93% of detached houses houses are smaller than 2 PARROX FOLD, and 7% of houses are larger. Note that EPC data is not available for all properties in Preesall.

2 PARROX FOLD: Plot and Title Map

2 PARROX FOLD sits on a plot of roughly 0.241 of an acre, or 976m². The below map shows the location of 2 PARROX FOLD, 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 PARROX FOLD). 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 PARROX FOLD?

2 PARROX FOLD is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 2 on PARROX FOLD.