THE WILLOWS, GOOSNARGH LANE, GOOSNARGH, PRESTON, PR3 2BN - £570,000

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 WILLOWS is a very large extended detached house of 302m², built sometime from 2007 onwards. It was last sold for £570,000 in May 2021, which was around 132% above the average May 2021 detached price in the Preston local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two THE WILLOWS 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 10 MAY	£570,000	£246,148	132% above HPI
2008 1 JUL	£570,000	£226,716	151% above HPI

THE WILLOWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two THE WILLOWS sales from July 2008 and May 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 July 2008 sale was for 151% above the HPI. So the extrapolation line tracks at 151% above the HPI over time, until the May 2021 sale, where it falls to 132% above the HPI. The line then continues to track at 132% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 302m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses in Goosnargh, based on EPC data. The below chart shows the distribution of detached houses by size in Goosnargh, and where THE WILLOWS lies on this distribution: 98% of detached houses are smaller than THE WILLOWS, and 2% of houses are larger. Note that EPC data is not available for all properties in Goosnargh.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on GOOSNARGH LANE in GOOSNARGH, in the PR3 postcode district. The below map shows the position of THE WILLOWS on GOOSNARGH LANE.