SOUTHVIEW, LANCASTER ROAD, FORTON, PRESTON, PR3 0BP - £456,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SOUTHVIEW is a small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £456,000 in March 2021, which was around 88% above the average March 2021 detached price in the Wyre local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was A.

SOUTHVIEW Sold Prices

Land registry data shows two sales for SOUTHVIEW 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 SOUTHVIEW 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 3 MAR	£456,000	£242,920	88% above HPI
2003 28 NOV	£315,000	£161,033	96% above HPI

SOUTHVIEW 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 SOUTHVIEW sales from November 2003 and March 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 November 2003 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the March 2021 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is SOUTHVIEW?

SOUTHVIEW is 119m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Forton, based on EPC data. The below chart shows the distribution of detached houses by size in Forton, and where SOUTHVIEW lies on this distribution: 40% of detached houses are smaller than SOUTHVIEW, and 57% of houses are larger. Note that EPC data is not available for all properties in Forton.

SOUTHVIEW: Plot and Title Map

SOUTHVIEW sits on a plot of roughly 0.307 of an acre, or 1,241m². The below map shows the location of SOUTHVIEW, 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 SOUTHVIEW). 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 SOUTHVIEW?

SOUTHVIEW is located on LANCASTER ROAD in FORTON, in the PR3 postcode district. The below map shows the position of SOUTHVIEW on LANCASTER ROAD.