BY THE WAY, HOLLINS LANE, FORTON, PRESTON, PR3 0AA - £185,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

BY THE WAY is a very small extended semi-detached house of 71m², built sometime between 1930 and 1949. It was last sold for £185,000 in May 2017, which was around 16% below the average May 2017 detached price in the Wyre local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

BY THE WAY Sold Prices

Land registry data shows two sales for BY THE WAY 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 BY THE WAY sales were 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
2017 5 MAY	£185,000	£220,589	16% below HPI
2004 16 AUG	£127,500	£190,790	33% below HPI

BY THE WAY 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 BY THE WAY sales from August 2004 and May 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 August 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is BY THE WAY?

BY THE WAY is 71m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Forton, based on EPC data. The below chart shows the distribution of detached houses by size in Forton, and where BY THE WAY lies on this distribution: 2% of detached houses are smaller than BY THE WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Forton.

BY THE WAY: Plot and Title Map

BY THE WAY sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of BY THE WAY, 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 BY THE WAY). 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 BY THE WAY?

BY THE WAY is located on HOLLINS LANE in FORTON, in the PR3 postcode district. The below map shows the position of BY THE WAY on HOLLINS LANE.