3, WEST DRIVE, INSKIP, PRESTON, PR4 0UU - £180,000

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 WEST DRIVE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £180,000 in July 2016, which was around 14% below the average July 2016 detached price in the Wyre local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

3 WEST DRIVE Sold Prices

Land registry data shows two sales for 3 WEST DRIVE 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. One of the two 3 WEST DRIVE sales was for below the average price, whilst the other was 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
2016 1 JUL	£180,000	£209,972	14% below HPI
2005 22 JUL	£245,000	£209,777	17% above HPI

3 WEST 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 two 3 WEST DRIVE sales from July 2005 and July 2016 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 July 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 WEST DRIVE?

3 WEST DRIVE is 82m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 WEST DRIVE lies on this distribution: 9% of detached houses are smaller than 3 WEST DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Inskip.

3 WEST DRIVE: Plot and Title Map

3 WEST DRIVE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 3 WEST 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 WEST 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 WEST DRIVE?

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