5, HERITAGE WAY, TARLETON, PRESTON, PR4 6WE - £300,000

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

5 HERITAGE WAY is a very large extended detached house of 202m², built sometime between 1996 and 2002, which could now be worth an estimated £399,647. It was last sold for £300,000 in April 2019, which was around 8% above the average April 2019 detached price in the West Lancashire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

5 HERITAGE WAY Sold Prices

Land registry data shows two sales for 5 HERITAGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 5 HERITAGE WAY 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
2019 8 APR	£300,000	£276,860	8% above HPI
2002 29 AUG	£206,000	£136,091	51% above HPI

5 HERITAGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 5 HERITAGE WAY sales from August 2002 and April 2019 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 August 2002 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the April 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 5 HERITAGE WAY be worth now?

5 HERITAGE WAY might now be worth an estimated £399,647.

This is based on house price inflation of 33.2%, between April 2019 and December 2024, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.2% inflationary increase is applied to the most recent sale price for 5 HERITAGE WAY of £300,000 on 8th April 2019. For the value to have increased from £300,000 to £399,647 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 5 HERITAGE WAY has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The April 2019 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HERITAGE WAY has not materially changed since April 2019.

How Large is 5 HERITAGE WAY?

5 HERITAGE WAY is 202m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 10% of detached houses houses in Tarleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tarleton, and where 5 HERITAGE WAY lies on this distribution: 94% of detached houses houses are smaller than 5 HERITAGE WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

5 HERITAGE WAY: Plot and Title Map

5 HERITAGE WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 5 HERITAGE WAY, 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 HERITAGE WAY). 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 HERITAGE WAY?

5 HERITAGE WAY is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 5 on HERITAGE WAY.