CHAPEL FARM, MOWBRECK LANE, WESHAM, PRESTON, PR4 3HA - £290,000

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.

CHAPEL FARM is a very large extended detached house of 216m², built sometime between 1900 and 1929, which could now be worth an estimated £412,319. It was last sold for £290,000 in October 2015, which was around 5% above the average October 2015 detached price in the Fylde local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.

CHAPEL FARM Sold Prices

Land registry data shows two sales for CHAPEL FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. Both of the two CHAPEL FARM 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
2015 2 OCT	£290,000	£276,635	5% above HPI
1998 15 JUL	£158,500	£104,409	52% above HPI

CHAPEL FARM 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 two CHAPEL FARM sales from July 1998 and October 2015 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 1998 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might CHAPEL FARM be worth now?

CHAPEL FARM might now be worth an estimated £412,319.

This is based on house price inflation of 42.2%, between October 2015 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 42.2% inflationary increase is applied to the most recent sale price for CHAPEL FARM of £290,000 on 2nd October 2015. For the value to have increased from £290,000 to £412,319 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of CHAPEL FARM has moved in line with the HPI for detached houses in the Fylde local authority area.
• The October 2015 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of CHAPEL FARM has not materially changed since October 2015.

How Large is CHAPEL FARM?

CHAPEL FARM is 216m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 10% 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 CHAPEL FARM lies on this distribution: 99% of detached houses houses are smaller than CHAPEL FARM, and 1% of houses are larger. Note that EPC data is not available for all properties in Wesham.

CHAPEL FARM: Plot and Title Map

CHAPEL FARM sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of CHAPEL FARM, 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 CHAPEL FARM). 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 CHAPEL FARM?

CHAPEL FARM is located on MOWBRECK LANE in WESHAM, in the PR4 postcode district. The below map shows the position of CHAPEL FARM on MOWBRECK LANE.