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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HOLLY BANK is a small extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £503,944. It was last sold for £450,000 in May 2022, which was around 32% 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	£341,740	32% above HPI
2000 19 JUL	£180,000	£119,493	51% 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 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the May 2022 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might HOLLY BANK be worth now?

HOLLY BANK might now be worth an estimated £503,944.

This is based on house price inflation of 12%, between May 2022 and December 2024, 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 12% inflationary increase is applied to the most recent sale price for HOLLY BANK of £450,000 on 18th May 2022. For the value to have increased from £450,000 to £503,944 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of HOLLY BANK has moved in line with the HPI for detached houses in the Fylde local authority area.
• The May 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY BANK has not materially changed since May 2022.

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 houses in Kirkham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirkham, and where HOLLY BANK lies on this distribution: 33% of detached houses 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.