5, GREEN LANE, FRECKLETON, PRESTON, PR4 1RN - £140,000

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

5 GREEN LANE is a very large extended detached house of 241m², built sometime between 1900 and 1929. It was last sold for £140,000 in September 2002, which was around 11% below the average September 2002 detached price in the Fylde local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

5 GREEN LANE Sold Prices

Land registry data shows two sales for 5 GREEN LANE 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 5 GREEN LANE 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
2002 20 SEP	£140,000	£157,150	11% below HPI
1996 31 MAY	£74,850	£88,305	15% below HPI

5 GREEN LANE 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 5 GREEN LANE sales from May 1996 and September 2002 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 May 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2002 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 GREEN LANE?

5 GREEN LANE is 241m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 5 GREEN LANE lies on this distribution: 98% of detached houses are smaller than 5 GREEN LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Freckleton.

5 GREEN LANE: Plot and Title Map

5 GREEN LANE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 5 GREEN LANE, 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 GREEN LANE). 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 GREEN LANE?

5 GREEN LANE is located in FRECKLETON, in the PR4 postcode district. The below map shows the position of No. 5 on GREEN LANE.