OAKWOOD, HOLLINS LANE, FORTON, PRESTON, PR3 0AA - £318,000

OAKWOOD is a midsized detached house of 125m². It was last sold for £318,000 in June 2021, which was around 26% above the average June 2021 detached price in the Wyre local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

OAKWOOD Sold Prices

Land registry data shows three sales for OAKWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three OAKWOOD 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
2021 28 JUN	£318,000	£251,463	26% above HPI
2017 15 JUN	£297,000	£221,656	34% above HPI
2015 30 JUN	£252,000	£205,244	23% above HPI

OAKWOOD 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 three OAKWOOD sales between June 2015 and June 2021 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 2017 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 125m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses in Forton, based on EPC data. The below chart shows the distribution of detached houses by size in Forton, and where OAKWOOD lies on this distribution: 46% of detached houses are smaller than OAKWOOD, and 51% of houses are larger. Note that EPC data is not available for all properties in Forton.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

OAKWOOD is located on HOLLINS LANE in FORTON, in the PR3 postcode district. The below map shows the position of OAKWOOD on HOLLINS LANE.