FAIRFIELD, PARK AVENUE, MUCH HOOLE, PRESTON, PR4 4QL - £272,000

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.

FAIRFIELD is a small extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £272,629. It was last sold for £272,000 in December 2024, which was around 16% below the average December 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

FAIRFIELD Sold Prices

Land registry data shows two sales for FAIRFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Both of the two FAIRFIELD 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
2024 13 DEC	£272,000	£323,132	16% below HPI
1996 19 APR	£68,000	£77,641	12% below HPI

FAIRFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two FAIRFIELD sales from April 1996 and December 2024 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 April 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might FAIRFIELD be worth now?

FAIRFIELD might now be worth an estimated £272,629.

This is based on house price inflation of 0.2%, between December 2024 and February 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% inflationary increase is applied to the most recent sale price for FAIRFIELD of £272,000 on 13th December 2024. For the value to have increased from £272,000 to £272,629 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of FAIRFIELD has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The December 2024 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRFIELD has not materially changed since December 2024.

How Large is FAIRFIELD?

FAIRFIELD is 108m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 40% of detached houses houses in Much Hoole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Much Hoole, and where FAIRFIELD lies on this distribution: 31% of detached houses houses are smaller than FAIRFIELD, and 68% of houses are larger. Note that EPC data is not available for all properties in Much Hoole.

FAIRFIELD: Plot and Title Map

FAIRFIELD sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of FAIRFIELD, 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 FAIRFIELD). 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 FAIRFIELD?

FAIRFIELD is located on PARK AVENUE in MUCH HOOLE, in the PR4 postcode district. The below map shows the position of FAIRFIELD on PARK AVENUE.