MYRTLE BANK COTTAGE, MARKET STREET, HAMBLETON, POULTON-LE-FYLDE, FY6 9AS - £222,000

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

MYRTLE BANK COTTAGE is a very small extended semi-detached house of 72m², built sometime before 1900, which could now be worth an estimated £323,644. It was last sold for £222,000 in May 2013, which was around 79% above the average May 2013 semi-detached price in the Wyre local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

MYRTLE BANK COTTAGE Sold Prices

Land registry data shows three sales for MYRTLE BANK COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wyre local authority area for the corresponding sale date. All of the three MYRTLE BANK COTTAGE 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
2013 24 MAY	£222,000	£124,148	79% above HPI
2004 13 FEB	£200,000	£112,123	78% above HPI
2003 25 APR	£179,950	£90,129	100% above HPI

MYRTLE BANK COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wyre local authority area over time, sourced from the HPI. The three MYRTLE BANK COTTAGE sales between April 2003 and May 2013 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 February 2004 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the May 2013 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might MYRTLE BANK COTTAGE be worth now?

MYRTLE BANK COTTAGE might now be worth an estimated £323,644.

This is based on house price inflation of 45.8%, between May 2013 and December 2024, for semi-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 45.8% inflationary increase is applied to the most recent sale price for MYRTLE BANK COTTAGE of £222,000 on 24th May 2013. For the value to have increased from £222,000 to £323,644 over the ten years and five months to December 2024, the following assumptions must hold true:

• The value of MYRTLE BANK COTTAGE has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The May 2013 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE BANK COTTAGE has not materially changed since May 2013.

How Large is MYRTLE BANK COTTAGE?

MYRTLE BANK COTTAGE is 72m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of semi-detached houses houses in Hambleton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hambleton, and where MYRTLE BANK COTTAGE lies on this distribution: 15% of semi-detached houses houses are smaller than MYRTLE BANK COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hambleton.

MYRTLE BANK COTTAGE: Plot and Title Map

MYRTLE BANK COTTAGE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of MYRTLE BANK COTTAGE, 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 MYRTLE BANK COTTAGE). 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 MYRTLE BANK COTTAGE?

MYRTLE BANK COTTAGE is located on MARKET STREET in HAMBLETON, in the FY6 postcode district. The below map shows the position of MYRTLE BANK COTTAGE on MARKET STREET.