8, PINE GROVE, GARSTANG, PRESTON, PR3 1JQ - £225,000

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

8 PINE GROVE is a very small detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £306,004. It was last sold for £225,000 in July 2010, which was around 2% above the average July 2010 detached price in the Wyre local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

8 PINE GROVE Sold Prices

Land registry data shows two sales for 8 PINE GROVE 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 8 PINE GROVE 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
2010 23 JUL	£225,000	£221,051	2% above HPI
2009 23 DEC	£130,000	£225,657	42% below HPI

8 PINE GROVE 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 8 PINE GROVE sales from December 2009 and July 2010 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 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2010 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 8 PINE GROVE be worth now?

8 PINE GROVE might now be worth an estimated £306,004.

This is based on house price inflation of 36%, between July 2010 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 36% inflationary increase is applied to the most recent sale price for 8 PINE GROVE of £225,000 on 23rd July 2010. For the value to have increased from £225,000 to £306,004 over the thirteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 PINE GROVE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The July 2010 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PINE GROVE has not materially changed since July 2010.

How Large is 8 PINE GROVE?

8 PINE GROVE is 63m² according to the EPC inspection conducted in April 2010. 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 8 PINE GROVE lies on this distribution: 1% of detached houses houses are smaller than 8 PINE GROVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Garstang.

8 PINE GROVE: Plot and Title Map

8 PINE GROVE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 8 PINE GROVE, 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 8 PINE GROVE). 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 8 PINE GROVE?

8 PINE GROVE is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 8 on PINE GROVE.