3, NAZE LANE EAST, FRECKLETON, PRESTON, PR4 1RA - £440,000

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 NAZE LANE EAST is a very large extended detached house of 162m², built sometime between 1950 and 1966, which could now be worth an estimated £477,730. It was last sold for £440,000 in November 2023, which was around 21% above the average November 2023 detached price in the Fylde local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

3 NAZE LANE EAST Sold Prices

Land registry data shows two sales for 3 NAZE LANE EAST 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. One of the two 3 NAZE LANE EAST sales was for above the average price, whilst the other 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
2023 9 NOV	£440,000	£362,254	21% above HPI
1996 23 OCT	£87,000	£95,529	9% below HPI

3 NAZE LANE EAST 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 NAZE LANE EAST sales from October 1996 and November 2023 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 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2023 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 3 NAZE LANE EAST be worth now?

3 NAZE LANE EAST might now be worth an estimated £477,730.

This is based on house price inflation of 8.6%, between November 2023 and February 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 8.6% inflationary increase is applied to the most recent sale price for 3 NAZE LANE EAST of £440,000 on 9th November 2023. For the value to have increased from £440,000 to £477,730 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 NAZE LANE EAST has moved in line with the HPI for detached houses in the Fylde local authority area.
• The November 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NAZE LANE EAST has not materially changed since November 2023.

How Large is 3 NAZE LANE EAST?

3 NAZE LANE EAST is 162m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Freckleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freckleton, and where 3 NAZE LANE EAST lies on this distribution: 89% of detached houses houses are smaller than 3 NAZE LANE EAST, and 10% of houses are larger. Note that EPC data is not available for all properties in Freckleton.

3 NAZE LANE EAST: Plot and Title Map

3 NAZE LANE EAST sits on a plot of roughly 0.326 of an acre, or 1,320m². The below map shows the location of 3 NAZE LANE EAST, 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 NAZE LANE EAST). 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 NAZE LANE EAST?

3 NAZE LANE EAST is located in FRECKLETON, in the PR4 postcode district. The below map shows the position of No. 3 on NAZE LANE EAST.