THE FIRS, DIVISION LANE, BLACKPOOL, FY4 5EA - £485,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE FIRS is a very large detached house of 194m², built sometime between 1983 and 1990. It was last sold for £485,000 in February 2016, which was around 74% above the average February 2016 detached price in the Fylde local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was D.

THE FIRS Sold Prices

Land registry data shows three sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. All of the three THE FIRS 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
2016 18 FEB	£485,000	£279,043	74% above HPI
2007 29 OCT	£490,000	£298,710	64% above HPI
1997 29 SEP	£190,000	£101,837	87% above HPI

THE FIRS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The three THE FIRS sales between September 1997 and February 2016 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 October 2007 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the February 2016 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might THE FIRS be worth now?

THE FIRS might now be worth an estimated £665,175.

This is based on house price inflation of 37.1%, between February 2016 and December 2024, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.1% inflationary increase is applied to the most recent sale price for THE FIRS of £485,000 on 18th February 2016. For the value to have increased from £485,000 to £665,175 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of THE FIRS has moved in line with the HPI for detached houses in the Fylde local authority area.
• The February 2016 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of THE FIRS has not materially changed since February 2016.

How Large is THE FIRS?

THE FIRS is 194m² according to the EPC inspection conducted in December 2009. This puts it in the largest 10% of detached houses houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackpool, and where THE FIRS lies on this distribution: 91% of detached houses houses are smaller than THE FIRS, and 9% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.838 of an acre, or 3,392m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located on DIVISION LANE in BLACKPOOL, in the FY4 postcode district. The below map shows the position of THE FIRS on DIVISION LANE.