5, FERNLEIGH CLOSE, GARSTANG, PRESTON, PR3 1LG - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 FERNLEIGH CLOSE is a large detached house of 142m², built sometime between 2003 and 2006, which could now be worth an estimated £463,101. It was last sold for £440,000 in July 2022, which was around 49% above the average July 2022 detached price in the Wyre local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

5 FERNLEIGH CLOSE Sold Prices

Land registry data shows two sales for 5 FERNLEIGH CLOSE 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 5 FERNLEIGH CLOSE 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
2022 1 JUL	£440,000	£294,592	49% above HPI
2004 15 NOV	£295,000	£212,850	39% above HPI

5 FERNLEIGH CLOSE 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 5 FERNLEIGH CLOSE sales from November 2004 and July 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 November 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2022 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 5 FERNLEIGH CLOSE be worth now?

5 FERNLEIGH CLOSE might now be worth an estimated £463,101.

This is based on house price inflation of 5.3%, between July 2022 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 5.3% inflationary increase is applied to the most recent sale price for 5 FERNLEIGH CLOSE of £440,000 on 1st July 2022. For the value to have increased from £440,000 to £463,101 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 5 FERNLEIGH CLOSE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The July 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FERNLEIGH CLOSE has not materially changed since July 2022.

How Large is 5 FERNLEIGH CLOSE?

5 FERNLEIGH CLOSE is 142m² according to the EPC inspection conducted in July 2018. This puts it in the largest 30% 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 5 FERNLEIGH CLOSE lies on this distribution: 74% of detached houses houses are smaller than 5 FERNLEIGH CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Garstang.

5 FERNLEIGH CLOSE: Plot and Title Map

5 FERNLEIGH CLOSE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 5 FERNLEIGH CLOSE, 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 5 FERNLEIGH CLOSE). 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 5 FERNLEIGH CLOSE?

5 FERNLEIGH CLOSE is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 5 on FERNLEIGH CLOSE.