FAIRWAYS, WALKER LANE, FULWOOD, PRESTON, PR2 7AP - £468,220

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.

FAIRWAYS is a very large detached house of 202m², built sometime between 1983 and 1990, which could now be worth an estimated £688,636. It was last sold for £468,220 in June 2014, which was around 110% above the average June 2014 detached price in the Preston local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows three sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three FAIRWAYS 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
2014 9 JUN	£468,220	£223,400	110% above HPI
2011 23 DEC	£500,000	£223,106	124% above HPI
2001 30 NOV	£265,000	£116,479	128% above HPI

FAIRWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The three FAIRWAYS sales between November 2001 and June 2014 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 December 2011 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the June 2014 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might FAIRWAYS be worth now?

FAIRWAYS might now be worth an estimated £688,636.

This is based on house price inflation of 47.1%, between June 2014 and February 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.1% inflationary increase is applied to the most recent sale price for FAIRWAYS of £468,220 on 9th June 2014. For the value to have increased from £468,220 to £688,636 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of FAIRWAYS has moved in line with the HPI for detached houses in the Preston local authority area.
• The June 2014 sale price of £468,220 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAYS has not materially changed since June 2014.

How Large is FAIRWAYS?

FAIRWAYS is 202m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulwood, and where FAIRWAYS lies on this distribution: 92% of detached houses houses are smaller than FAIRWAYS, and 8% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on WALKER LANE in FULWOOD, in the PR2 postcode district. The below map shows the position of FAIRWAYS on WALKER LANE.