6, GREEN BANK, WESHAM, PRESTON, PR4 3DW - £229,950

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.

6 GREEN BANK is a small detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £320,675. It was last sold for £229,950 in November 2016, which was around 18% below the average November 2016 detached price in the Fylde local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

6 GREEN BANK Sold Prices

Land registry data shows three sales for 6 GREEN BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. Two of the three 6 GREEN BANK sales were for below the average price, whilst one was 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
2016 18 NOV	£229,950	£282,040	18% below HPI
2016 11 FEB	£235,000	£279,043	16% below HPI
2007 19 DEC	£305,000	£295,185	3% above HPI

6 GREEN BANK 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 three 6 GREEN BANK sales between December 2007 and November 2016 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 February 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 6 GREEN BANK be worth now?

6 GREEN BANK might now be worth an estimated £320,675.

This is based on house price inflation of 39.5%, between November 2016 and February 2025, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.5% inflationary increase is applied to the most recent sale price for 6 GREEN BANK of £229,950 on 18th November 2016. For the value to have increased from £229,950 to £320,675 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 GREEN BANK has moved in line with the HPI for detached houses in the Fylde local authority area.
• The November 2016 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of 6 GREEN BANK has not materially changed since November 2016.

How Large is 6 GREEN BANK?

6 GREEN BANK is 100m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses houses in Wesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wesham, and where 6 GREEN BANK lies on this distribution: 24% of detached houses houses are smaller than 6 GREEN BANK, and 75% of houses are larger. Note that EPC data is not available for all properties in Wesham.

6 GREEN BANK: Plot and Title Map

6 GREEN BANK sits on a plot of roughly 0.291 of an acre, or 1,177m². The below map shows the location of 6 GREEN BANK, 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 6 GREEN BANK). 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 6 GREEN BANK?

6 GREEN BANK is located in WESHAM, in the PR4 postcode district. The below map shows the position of No. 6 on GREEN BANK.