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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MEADOW DRIVE is a small detached house of 112m². It was last sold for £255,000 in April 2020, which was around 15% 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. All of the three 3 MEADOW DRIVE 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 29 APR	£255,000	£221,146	15% above HPI
2020 23 MAR	£232,500	£227,309	2% above HPI
2018 29 JUN	£264,950	£221,507	20% 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

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 in Inskip, based on EPC data. The below chart shows the distribution of detached houses by size in Inskip, and where 3 MEADOW DRIVE lies on this distribution: 36% of detached houses are smaller than 3 MEADOW DRIVE, and 63% 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.