HAVANA, NICKSONS LANE, PREESALL, POULTON-LE-FYLDE, FY6 0NY - £185,000

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.

HAVANA is a small extended detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £260,231. It was last sold for £185,000 in July 2016, which was around 16% below the average July 2016 detached price in the Wyre local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

HAVANA Sold Prices

Land registry data shows two sales for HAVANA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two HAVANA 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
2016 28 JUL	£185,000	£220,423	16% below HPI
2013 20 JUN	£130,000	£202,133	36% below HPI

HAVANA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two HAVANA sales from June 2013 and July 2016 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 June 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might HAVANA be worth now?

HAVANA might now be worth an estimated £260,231.

This is based on house price inflation of 40.7%, between July 2016 and February 2025, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.7% inflationary increase is applied to the most recent sale price for HAVANA of £185,000 on 28th July 2016. For the value to have increased from £185,000 to £260,231 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of HAVANA has moved in line with the HPI for detached houses in the Wyre local authority area.
• The July 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of HAVANA has not materially changed since July 2016.

How Large is HAVANA?

HAVANA is 100m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preesall, and where HAVANA lies on this distribution: 34% of detached houses houses are smaller than HAVANA, and 66% of houses are larger. Note that EPC data is not available for all properties in Preesall.

HAVANA: Plot and Title Map

HAVANA sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of HAVANA, 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 HAVANA). 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 HAVANA?

HAVANA is located on NICKSONS LANE in PREESALL, in the FY6 postcode district. The below map shows the position of HAVANA on NICKSONS LANE.