HOLLY BANK, NEW HEY LANE, NEWTON, PRESTON, PR4 3SB - £450,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

HOLLY BANK is a small extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £450,000 in May 2022, which was around 37% above the average May 2022 detached price in the Fylde local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

HOLLY BANK Sold Prices

Land registry data shows two sales for HOLLY BANK 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. Both of the two HOLLY BANK 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
2022 18 MAY	£450,000	£329,283	37% above HPI
2000 19 JUL	£180,000	£114,704	57% above HPI

HOLLY BANK 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 HOLLY BANK sales from July 2000 and May 2022 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 July 2000 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2022 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is HOLLY BANK?

HOLLY BANK is 104m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Kirkham, based on EPC data. The below chart shows the distribution of detached houses by size in Kirkham, and where HOLLY BANK lies on this distribution: 34% of detached houses are smaller than HOLLY BANK, and 66% of houses are larger. Note that EPC data is not available for all properties in Kirkham.

HOLLY BANK: Plot and Title Map

HOLLY BANK sits on a plot of roughly 0.251 of an acre, or 1,015m². The below map shows the location of HOLLY BANK, 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 HOLLY BANK). 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 HOLLY BANK?

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