55, MEADOW PARK, CABUS, PRESTON, PR3 1TA - £256,500

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

55 MEADOW PARK is a large extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £256,500 in October 2018, which was around 8% above the average October 2018 detached price in the Wyre local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

55 MEADOW PARK Sold Prices

Land registry data shows two sales for 55 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. One of the two 55 MEADOW PARK sales was for above the average price, whilst the other was 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
2018 19 OCT	£256,500	£236,904	8% above HPI
2001 30 JUL	£90,000	£106,367	15% below HPI

55 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 55 MEADOW PARK sales from July 2001 and October 2018 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 July 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 55 MEADOW PARK be worth now?

55 MEADOW PARK might now be worth an estimated £325,500.

This is based on house price inflation of 26.9%, between October 2018 and December 2024, 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 26.9% inflationary increase is applied to the most recent sale price for 55 MEADOW PARK of £256,500 on 19th October 2018. For the value to have increased from £256,500 to £325,500 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 55 MEADOW PARK has moved in line with the HPI for detached houses in the Wyre local authority area.
• The October 2018 sale price of £256,500 represented a fair market value for the property.
• The size, condition, and specification of 55 MEADOW PARK has not materially changed since October 2018.

How Large is 55 MEADOW PARK?

55 MEADOW PARK is 138m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 55 MEADOW PARK lies on this distribution: 67% of detached houses houses are smaller than 55 MEADOW PARK, and 32% of houses are larger. Note that EPC data is not available for all properties in Garstang.

55 MEADOW PARK: Plot and Title Map

55 MEADOW PARK sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 55 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 55 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 55 MEADOW PARK?

55 MEADOW PARK is located in CABUS, in the PR3 postcode district. The below map shows the position of No. 55 on MEADOW PARK.