THE BEECHES, PRESTON ROAD, INSKIP, PRESTON, PR4 0TT - £450,000

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

THE BEECHES is a very large extended detached house of 193m², built sometime between 1930 and 1949. It was last sold for £450,000 in December 2020, which was around 89% above the average December 2020 detached price in the Wyre local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

THE BEECHES Sold Prices

Land registry data shows three sales for THE BEECHES 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 THE BEECHES 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 11 DEC	£450,000	£238,521	89% above HPI
2007 23 FEB	£350,000	£224,236	56% above HPI
1999 20 AUG	£100,000	£87,299	15% above HPI

THE BEECHES 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 THE BEECHES sales between August 1999 and December 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 February 2007 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2020 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 193m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 10% of detached houses in Inskip, based on EPC data. The below chart shows the distribution of detached houses by size in Inskip, and where THE BEECHES lies on this distribution: 94% of detached houses are smaller than THE BEECHES, and 6% of houses are larger. Note that EPC data is not available for all properties in Inskip.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.254 of an acre, or 1,028m². The below map shows the location of THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

THE BEECHES is located on PRESTON ROAD in INSKIP, in the PR4 postcode district. The below map shows the position of THE BEECHES on PRESTON ROAD.