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

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.

FAIR VIEW VILLA is a small extended detached house of 141m², built sometime before 1900, which could now be worth an estimated £560,755. It was last sold for £412,500 in April 2017, which was around 43% 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	£289,330	43% above HPI
2014 27 FEB	£310,000	£261,414	19% 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2017 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might FAIR VIEW VILLA be worth now?

FAIR VIEW VILLA might now be worth an estimated £560,755.

This is based on house price inflation of 35.9%, between April 2017 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 35.9% inflationary increase is applied to the most recent sale price for FAIR VIEW VILLA of £412,500 on 12th April 2017. For the value to have increased from £412,500 to £560,755 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of FAIR VIEW VILLA has moved in line with the HPI for detached houses in the Fylde local authority area.
• The April 2017 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of FAIR VIEW VILLA has not materially changed since April 2017.

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 houses in Wrea Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrea Green, and where FAIR VIEW VILLA lies on this distribution: 39% of detached houses 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.