GREEN ACRES, NEW HEY LANE, NEWTON, PRESTON, PR4 3SB - £392,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GREEN ACRES is a very large extended detached house of 198m², built sometime between 1930 and 1949. It was last sold for £392,000 in October 2003, which was around 99% above the average October 2003 detached price in the Fylde local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

GREEN ACRES Sold Prices

Land registry data shows three sales for GREEN ACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. All of the three GREEN ACRES 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
2003 27 OCT	£392,000	£197,368	99% above HPI
1998 11 SEP	£165,000	£103,439	60% above HPI
1997 30 SEP	£150,000	£97,755	53% above HPI

GREEN ACRES 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 three GREEN ACRES sales between September 1997 and October 2003 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 September 1998 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2003 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is GREEN ACRES?

GREEN ACRES is 198m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Kirkham, based on EPC data. The below chart shows the distribution of detached houses by size in Kirkham, and where GREEN ACRES lies on this distribution: 96% of detached houses are smaller than GREEN ACRES, and 4% of houses are larger. Note that EPC data is not available for all properties in Kirkham.

GREEN ACRES: Plot and Title Map

GREEN ACRES sits on a plot of roughly 0.634 of an acre, or 2,567m². The below map shows the location of GREEN ACRES, 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 GREEN ACRES). 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 GREEN ACRES?

GREEN ACRES is located on NEW HEY LANE in NEWTON, in the PR4 postcode district. The below map shows the position of GREEN ACRES on NEW HEY LANE.