NORWAYS, HALL LANE, GREAT ECCLESTON, PRESTON, PR3 0XN - £235,000

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

NORWAYS is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £235,000 in September 2020, which was around 1% above the average September 2020 detached price in the Wyre local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

NORWAYS Sold Prices

Land registry data shows two sales for NORWAYS 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 NORWAYS 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
2020 16 SEP	£235,000	£233,601	1% above HPI
2013 15 NOV	£210,000	£194,472	8% above HPI

NORWAYS 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 NORWAYS sales from November 2013 and September 2020 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 November 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is NORWAYS?

NORWAYS is 70m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Great Eccleston, based on EPC data. The below chart shows the distribution of detached houses by size in Great Eccleston, and where NORWAYS lies on this distribution: 3% of detached houses are smaller than NORWAYS, and 97% of houses are larger. Note that EPC data is not available for all properties in Great Eccleston.

NORWAYS: Plot and Title Map

NORWAYS sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of NORWAYS, 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 NORWAYS). 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 NORWAYS?

NORWAYS is located on HALL LANE in GREAT ECCLESTON, in the PR3 postcode district. The below map shows the position of NORWAYS on HALL LANE.