3, GREEN BANK, WESHAM, PRESTON, PR4 3DW - £224,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 GREEN BANK is a small detached house of 101m², built sometime from 2007 onwards, which could now be worth an estimated £292,792. It was last sold for £224,950 in August 2018, which was around 25% below the average August 2018 detached price in the Fylde local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

3 GREEN BANK Sold Prices

Land registry data shows two sales for 3 GREEN BANK 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 3 GREEN BANK 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
2018 28 AUG	£224,950	£299,093	25% below HPI
2007 29 JUN	£244,000	£285,719	15% below HPI

3 GREEN BANK 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 3 GREEN BANK sales from June 2007 and August 2018 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 GREEN BANK be worth now?

3 GREEN BANK might now be worth an estimated £292,792.

This is based on house price inflation of 30.2%, between August 2018 and March 2025, 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 30.2% inflationary increase is applied to the most recent sale price for 3 GREEN BANK of £224,950 on 28th August 2018. For the value to have increased from £224,950 to £292,792 over the seven years and five months to March 2025, the following assumptions must hold true:

• The value of 3 GREEN BANK has moved in line with the HPI for detached houses in the Fylde local authority area.
• The August 2018 sale price of £224,950 represented a fair market value for the property.
• The size, condition, and specification of 3 GREEN BANK has not materially changed since August 2018.

How Large is 3 GREEN BANK?

3 GREEN BANK is 101m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses houses in Wesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wesham, and where 3 GREEN BANK lies on this distribution: 25% of detached houses houses are smaller than 3 GREEN BANK, and 74% of houses are larger. Note that EPC data is not available for all properties in Wesham.

3 GREEN BANK: Plot and Title Map

3 GREEN BANK sits on a plot of roughly 0.273 of an acre, or 1,104m². The below map shows the location of 3 GREEN BANK, 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 3 GREEN BANK). 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 3 GREEN BANK?

3 GREEN BANK is located in WESHAM, in the PR4 postcode district. The below map shows the position of No. 3 on GREEN BANK.