3, MEADOW PARK, CABUS, PRESTON, PR3 1TA - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MEADOW PARK is a midsized detached house of 125m², built sometime between 1996 and 2002. It was last sold for £280,000 in October 2018, which was around 24% above the average October 2018 detached price in the Wyre local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

3 MEADOW PARK Sold Prices

Land registry data shows two sales for 3 MEADOW PARK 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 3 MEADOW PARK 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
2018 22 OCT	£280,000	£225,672	24% above HPI
2002 18 FEB	£145,000	£106,389	36% above HPI

3 MEADOW PARK 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 3 MEADOW PARK sales from February 2002 and October 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 February 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2018 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 MEADOW PARK?

3 MEADOW PARK is 125m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses by size in Garstang, and where 3 MEADOW PARK lies on this distribution: 59% of detached houses are smaller than 3 MEADOW PARK, and 40% of houses are larger. Note that EPC data is not available for all properties in Garstang.

3 MEADOW PARK: Plot and Title Map

3 MEADOW PARK sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 3 MEADOW PARK, 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 PARK). 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 PARK?

3 MEADOW PARK is located in CABUS, in the PR3 postcode district. The below map shows the position of No. 3 on MEADOW PARK.