2, ROMAN WAY, KIRKHAM, PRESTON, PR4 2YG - £199,450

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 ROMAN WAY is a very small detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £296,346. It was last sold for £199,450 in August 2005, which was around 23% below the average August 2005 detached price in the Fylde local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

2 ROMAN WAY Sold Prices

Land registry data shows two sales for 2 ROMAN 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 Fylde local authority area for the corresponding sale date. Both of the two 2 ROMAN WAY 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
2005 12 AUG	£199,450	£257,573	23% below HPI
1998 2 OCT	£85,000	£108,064	21% below HPI

2 ROMAN WAY 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 2 ROMAN WAY sales from October 1998 and August 2005 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 October 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2005 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 ROMAN WAY be worth now?

2 ROMAN WAY might now be worth an estimated £296,346.

This is based on house price inflation of 48.6%, between August 2005 and December 2024, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.6% inflationary increase is applied to the most recent sale price for 2 ROMAN WAY of £199,450 on 12th August 2005. For the value to have increased from £199,450 to £296,346 over the eighteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 ROMAN WAY has moved in line with the HPI for detached houses in the Fylde local authority area.
• The August 2005 sale price of £199,450 represented a fair market value for the property.
• The size, condition, and specification of 2 ROMAN WAY has not materially changed since August 2005.

How Large is 2 ROMAN WAY?

2 ROMAN WAY is 78m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses houses in Kirkham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirkham, and where 2 ROMAN WAY lies on this distribution: 10% of detached houses houses are smaller than 2 ROMAN WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Kirkham.

2 ROMAN WAY: Plot and Title Map

2 ROMAN WAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 2 ROMAN 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 2 ROMAN 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 2 ROMAN WAY?

2 ROMAN WAY is located in KIRKHAM, in the PR4 postcode district. The below map shows the position of No. 2 on ROMAN WAY.