7, HOME FIELD, GARSTANG, PRESTON, PR3 1JT - £258,500

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.

7 HOME FIELD is a very small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £316,269. It was last sold for £258,500 in February 2021, which was around 2% above the average February 2021 detached price in the Wyre local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

7 HOME FIELD Sold Prices

Land registry data shows four sales for 7 HOME FIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Most of the four 7 HOME FIELD 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
2021 16 FEB	£258,500	£253,424	2% above HPI
2016 27 JUL	£234,000	£220,423	6% above HPI
2014 8 JUL	£225,000	£212,008	6% above HPI
1998 20 MAR	£84,500	£86,545	2% below HPI

7 HOME FIELD 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 four 7 HOME FIELD sales between March 1998 and February 2021 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 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 7 HOME FIELD be worth now?

7 HOME FIELD might now be worth an estimated £316,269.

This is based on house price inflation of 22.3%, between February 2021 and February 2025, 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 22.3% inflationary increase is applied to the most recent sale price for 7 HOME FIELD of £258,500 on 16th February 2021. For the value to have increased from £258,500 to £316,269 over the four years to February 2025, the following assumptions must hold true:

• The value of 7 HOME FIELD has moved in line with the HPI for detached houses in the Wyre local authority area.
• The February 2021 sale price of £258,500 represented a fair market value for the property.
• The size, condition, and specification of 7 HOME FIELD has not materially changed since February 2021.

How Large is 7 HOME FIELD?

7 HOME FIELD is 79m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 7 HOME FIELD lies on this distribution: 9% of detached houses houses are smaller than 7 HOME FIELD, and 89% of houses are larger. Note that EPC data is not available for all properties in Garstang.

7 HOME FIELD: Plot and Title Map

7 HOME FIELD sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 7 HOME FIELD, 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 7 HOME FIELD). 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 7 HOME FIELD?

7 HOME FIELD is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 7 on HOME FIELD.