3, MEADOW DRIVE, INSKIP, PRESTON, PR4 0EQ - £255,000

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

3 MEADOW DRIVE is a small detached house of 112m², which could now be worth an estimated £330,218. It was last sold for £255,000 in April 2020, which was around 10% above the average April 2020 detached price in the Wyre local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

3 MEADOW DRIVE Sold Prices

Land registry data shows three sales for 3 MEADOW DRIVE 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. Two of the three 3 MEADOW DRIVE sales were for above the average price, whilst one was 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
2020 29 APR	£255,000	£232,154	10% above HPI
2020 23 MAR	£232,500	£238,623	3% below HPI
2018 29 JUN	£264,950	£232,532	14% above HPI

3 MEADOW DRIVE 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 3 MEADOW DRIVE sales between June 2018 and April 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 March 2020 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 MEADOW DRIVE be worth now?

3 MEADOW DRIVE might now be worth an estimated £330,218.

This is based on house price inflation of 29.5%, between April 2020 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 29.5% inflationary increase is applied to the most recent sale price for 3 MEADOW DRIVE of £255,000 on 29th April 2020. For the value to have increased from £255,000 to £330,218 over the three years and four months to December 2024, the following assumptions must hold true:

• The value of 3 MEADOW DRIVE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The April 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADOW DRIVE has not materially changed since April 2020.

How Large is 3 MEADOW DRIVE?

3 MEADOW DRIVE is 112m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses houses in Inskip, based on EPC data. The below chart shows the distribution of detached houses houses by size in Inskip, and where 3 MEADOW DRIVE lies on this distribution: 37% of detached houses houses are smaller than 3 MEADOW DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Inskip.

3 MEADOW DRIVE: Plot and Title Map

3 MEADOW DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 MEADOW DRIVE, 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 MEADOW DRIVE). 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 MEADOW DRIVE?

3 MEADOW DRIVE is located in INSKIP, in the PR4 postcode district. The below map shows the position of No. 3 on MEADOW DRIVE.