31, FAIRFIELD WAY, WESHAM, PRESTON, PR4 3EP - £250,000

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

31 FAIRFIELD WAY is a large detached house of 123m², which could now be worth an estimated £345,334. It was last sold for £250,000 in August 2014, which was around 10% below the average August 2014 detached price in the Fylde local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

31 FAIRFIELD WAY Sold Prices

Land registry data shows two sales for 31 FAIRFIELD WAY 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. Both of the two 31 FAIRFIELD WAY sales were 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
2014 29 AUG	£250,000	£277,055	10% below HPI
2010 19 NOV	£245,000	£265,896	8% below HPI

31 FAIRFIELD WAY 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 31 FAIRFIELD WAY sales from November 2010 and August 2014 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 November 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 31 FAIRFIELD WAY be worth now?

31 FAIRFIELD WAY might now be worth an estimated £345,334.

This is based on house price inflation of 38.1%, between August 2014 and December 2024, 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 38.1% inflationary increase is applied to the most recent sale price for 31 FAIRFIELD WAY of £250,000 on 29th August 2014. For the value to have increased from £250,000 to £345,334 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 31 FAIRFIELD WAY has moved in line with the HPI for detached houses in the Fylde local authority area.
• The August 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FAIRFIELD WAY has not materially changed since August 2014.

How Large is 31 FAIRFIELD WAY?

31 FAIRFIELD WAY is 123m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses houses in Wesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wesham, and where 31 FAIRFIELD WAY lies on this distribution: 61% of detached houses houses are smaller than 31 FAIRFIELD WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Wesham.

31 FAIRFIELD WAY: Plot and Title Map

31 FAIRFIELD WAY sits on a plot of roughly 0.373 of an acre, or 1,511m². The below map shows the location of 31 FAIRFIELD WAY, 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 31 FAIRFIELD WAY). 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 31 FAIRFIELD WAY?

31 FAIRFIELD WAY is located in WESHAM, in the PR4 postcode district. The below map shows the position of No. 31 on FAIRFIELD WAY.