FAIR VIEW VILLA, BRYNING LANE, WREA GREEN, PRESTON, PR4 2WJ - £412,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIR VIEW VILLA is a small extended detached house of 141m², built sometime before 1900. It was last sold for £412,500 in April 2017, which was around 49% above the average April 2017 detached price in the Fylde local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was B.

FAIR VIEW VILLA Sold Prices

Land registry data shows two sales for FAIR VIEW VILLA 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 FAIR VIEW VILLA 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 12 APR	£412,500	£277,733	49% above HPI
2014 27 FEB	£310,000	£250,935	24% above HPI

FAIR VIEW VILLA 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 FAIR VIEW VILLA sales from February 2014 and April 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 February 2014 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the April 2017 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is FAIR VIEW VILLA?

FAIR VIEW VILLA is 141m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Wrea Green, based on EPC data. The below chart shows the distribution of detached houses by size in Wrea Green, and where FAIR VIEW VILLA lies on this distribution: 39% of detached houses are smaller than FAIR VIEW VILLA, and 61% of houses are larger. Note that EPC data is not available for all properties in Wrea Green.

FAIR VIEW VILLA: Plot and Title Map

FAIR VIEW VILLA sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of FAIR VIEW VILLA, 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 FAIR VIEW VILLA). 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 FAIR VIEW VILLA?

FAIR VIEW VILLA is located on BRYNING LANE in WREA GREEN, in the PR4 postcode district. The below map shows the position of FAIR VIEW VILLA on BRYNING LANE.