4, SUMMIT DRIVE, FRECKLETON, PRESTON, PR4 1PP - £305,000

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

4 SUMMIT DRIVE is a very large detached house of 191m², built sometime between 1950 and 1966. It was last sold for £305,000 in March 2016, which was around 14% above the average March 2016 detached price in the Fylde local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

4 SUMMIT DRIVE Sold Prices

Land registry data shows two sales for 4 SUMMIT 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 Fylde local authority area for the corresponding sale date. Both of the two 4 SUMMIT 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
2016 8 MAR	£305,000	£267,052	14% above HPI
1998 26 OCT	£115,000	£103,732	11% above HPI

4 SUMMIT DRIVE 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 4 SUMMIT DRIVE sales from October 1998 and March 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 October 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2016 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 4 SUMMIT DRIVE?

4 SUMMIT DRIVE is 191m² according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of detached houses in Freckleton, based on EPC data. The below chart shows the distribution of detached houses by size in Freckleton, and where 4 SUMMIT DRIVE lies on this distribution: 95% of detached houses are smaller than 4 SUMMIT DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Freckleton.

4 SUMMIT DRIVE: Plot and Title Map

4 SUMMIT DRIVE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 4 SUMMIT 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 4 SUMMIT 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 4 SUMMIT DRIVE?

4 SUMMIT DRIVE is located in FRECKLETON, in the PR4 postcode district. The below map shows the position of No. 4 on SUMMIT DRIVE.