5, SPRING HILL, FRECKLETON, PRESTON, PR4 1TF - £225,000

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 SPRING HILL is a large detached house of 128m², built sometime between 1991 and 1995. It was last sold for £225,000 in June 2013, which was around 9% below the average June 2013 detached price in the Fylde local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

5 SPRING HILL Sold Prices

Land registry data shows four sales for 5 SPRING HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. two of the four 5 SPRING HILL sales were for below the average price, and four 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
2013 12 JUN	£225,000	£246,174	9% below HPI
2007 13 APR	£250,000	£263,301	5% below HPI
2002 20 DEC	£181,995	£166,867	9% above HPI
1995 24 JAN	£119,950	£94,780	27% above HPI

5 SPRING HILL 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 four 5 SPRING HILL sales between January 1995 and June 2013 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 April 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2013 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 SPRING HILL?

5 SPRING HILL is 128m² according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 SPRING HILL lies on this distribution: 67% of detached houses are smaller than 5 SPRING HILL, and 33% of houses are larger. Note that EPC data is not available for all properties in Freckleton.

5 SPRING HILL: Plot and Title Map

5 SPRING HILL sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 5 SPRING HILL, 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 SPRING HILL). 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 SPRING HILL?

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