7, WYRE LANE, GARSTANG, PRESTON, PR3 1JL - £317,500

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

7 WYRE LANE is a midsized extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £317,500 in November 2017, which was around 37% above the average November 2017 detached price in the Wyre local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

7 WYRE LANE Sold Prices

Land registry data shows two sales for 7 WYRE LANE 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. Both of the two 7 WYRE LANE 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
2017 21 NOV	£317,500	£231,571	37% above HPI
2015 4 DEC	£215,000	£211,425	2% above HPI

7 WYRE LANE 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 7 WYRE LANE sales from December 2015 and November 2017 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 December 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2017 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 7 WYRE LANE?

7 WYRE LANE is 123m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses by size in Garstang, and where 7 WYRE LANE lies on this distribution: 57% of detached houses are smaller than 7 WYRE LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Garstang.

7 WYRE LANE: Plot and Title Map

7 WYRE LANE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 7 WYRE LANE, 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 WYRE LANE). 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 WYRE LANE?

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