THE CROFT, WALLACE LANE, FORTON, PRESTON, PR3 0BA - £30,500

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

THE CROFT is a small extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £30,500 in August 2004, which was around 84% below the average August 2004 detached price in the Wyre local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

THE CROFT Sold Prices

Land registry data shows two sales for THE CROFT 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. One of the two THE CROFT sales was for below the average price, whilst the other was 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
2004 10 AUG	£30,500	£190,790	84% below HPI
1997 18 APR	£114,500	£83,343	37% above HPI

THE CROFT 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 THE CROFT sales from April 1997 and August 2004 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 April 1997 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2004 sale, where it falls to 84% below the HPI. The line then continues to track at 84% below the HPI.

How Large is THE CROFT?

THE CROFT is 105m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Forton, based on EPC data. The below chart shows the distribution of detached houses by size in Forton, and where THE CROFT lies on this distribution: 22% of detached houses are smaller than THE CROFT, and 78% of houses are larger. Note that EPC data is not available for all properties in Forton.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.250 of an acre, or 1,012m². The below map shows the location of THE CROFT, 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 CROFT). 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 CROFT?

THE CROFT is located on WALLACE LANE in FORTON, in the PR3 postcode district. The below map shows the position of THE CROFT on WALLACE LANE.