FRESHFIELDS, WEETON ROAD, WESHAM, PRESTON, PR4 3NA - £240,000

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.

FRESHFIELDS is a large detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £310,579. It was last sold for £240,000 in September 2018, which was around 21% below the average September 2018 detached price in the Fylde local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

FRESHFIELDS Sold Prices

Land registry data shows two sales for FRESHFIELDS 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. One of the two FRESHFIELDS sales was for below the average price, whilst the other was 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
2018 5 SEP	£240,000	£303,936	21% below HPI
1999 25 NOV	£127,000	£112,076	13% above HPI

FRESHFIELDS 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 FRESHFIELDS sales from November 1999 and September 2018 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 November 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might FRESHFIELDS be worth now?

FRESHFIELDS might now be worth an estimated £310,579.

This is based on house price inflation of 29.4%, between September 2018 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 29.4% inflationary increase is applied to the most recent sale price for FRESHFIELDS of £240,000 on 5th September 2018. For the value to have increased from £240,000 to £310,579 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of FRESHFIELDS has moved in line with the HPI for detached houses in the Fylde local authority area.
• The September 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of FRESHFIELDS has not materially changed since September 2018.

How Large is FRESHFIELDS?

FRESHFIELDS is 125m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% 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 FRESHFIELDS lies on this distribution: 62% of detached houses houses are smaller than FRESHFIELDS, and 37% of houses are larger. Note that EPC data is not available for all properties in Wesham.

FRESHFIELDS: Plot and Title Map

FRESHFIELDS sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of FRESHFIELDS, 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 FRESHFIELDS). 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 FRESHFIELDS?

FRESHFIELDS is located on WEETON ROAD in WESHAM, in the PR4 postcode district. The below map shows the position of FRESHFIELDS on WEETON ROAD.