43, MEADOW PARK, CABUS, PRESTON, PR3 1TA - £245,000

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

43 MEADOW PARK is a midsized detached house of 116m², built sometime between 1976 and 1982, which could now be worth an estimated £348,352. It was last sold for £245,000 in March 2016, which was around 12% above the average March 2016 detached price in the Wyre local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

43 MEADOW PARK Sold Prices

Land registry data shows two sales for 43 MEADOW PARK 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. Both of the two 43 MEADOW PARK 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 30 MAR	£245,000	£218,068	12% above HPI
1997 31 OCT	£105,000	£90,789	16% above HPI

43 MEADOW PARK 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 43 MEADOW PARK sales from October 1997 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 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 43 MEADOW PARK be worth now?

43 MEADOW PARK might now be worth an estimated £348,352.

This is based on house price inflation of 42.2%, between March 2016 and February 2025, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.2% inflationary increase is applied to the most recent sale price for 43 MEADOW PARK of £245,000 on 30th March 2016. For the value to have increased from £245,000 to £348,352 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 43 MEADOW PARK has moved in line with the HPI for detached houses in the Wyre local authority area.
• The March 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 43 MEADOW PARK has not materially changed since March 2016.

How Large is 43 MEADOW PARK?

43 MEADOW PARK is 116m² according to the EPC inspection conducted in February 2015. This puts it in the largest 50% of detached houses houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses houses by size in Garstang, and where 43 MEADOW PARK lies on this distribution: 50% of detached houses houses are smaller than 43 MEADOW PARK, and 48% of houses are larger. Note that EPC data is not available for all properties in Garstang.

43 MEADOW PARK: Plot and Title Map

43 MEADOW PARK sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 43 MEADOW PARK, 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 43 MEADOW PARK). 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 43 MEADOW PARK?

43 MEADOW PARK is located in CABUS, in the PR3 postcode district. The below map shows the position of No. 43 on MEADOW PARK.