41, THE PARKLANDS, CATTERALL, PRESTON, PR3 1YT - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 THE PARKLANDS is a very small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £225,000 in February 2022, which was around 15% below the average February 2022 detached price in the Wyre local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

41 THE PARKLANDS Sold Prices

Land registry data shows two sales for 41 THE PARKLANDS 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 41 THE PARKLANDS 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
2022 25 FEB	£225,000	£266,242	15% below HPI
1997 27 MAR	£92,995	£83,091	12% above HPI

41 THE PARKLANDS 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 41 THE PARKLANDS sales from March 1997 and February 2022 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 March 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 41 THE PARKLANDS?

41 THE PARKLANDS is 90m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses in Catterall, based on EPC data. The below chart shows the distribution of detached houses by size in Catterall, and where 41 THE PARKLANDS lies on this distribution: 13% of detached houses are smaller than 41 THE PARKLANDS, and 87% of houses are larger. Note that EPC data is not available for all properties in Catterall.

41 THE PARKLANDS: Plot and Title Map

41 THE PARKLANDS sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 41 THE PARKLANDS, 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 41 THE PARKLANDS). 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 41 THE PARKLANDS?

41 THE PARKLANDS is located in CATTERALL, in the PR3 postcode district. The below map shows the position of No. 41 on THE PARKLANDS.