THORN TREE FARM, LIGHTFOOT LANE, HIGHER BARTLE, PRESTON, PR4 0LA - £325,000

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

THORN TREE FARM is a very large extended detached house of 200m², built sometime before 1900. It was last sold for £325,000 in November 2014, which was around 43% above the average November 2014 detached price in the Preston local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

THORN TREE FARM Sold Prices

Land registry data shows two sales for THORN TREE FARM 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 THORN TREE FARM 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
2014 12 NOV	£325,000	£226,524	43% above HPI
2001 2 MAY	£182,000	£107,513	69% above HPI

THORN TREE FARM 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 THORN TREE FARM sales from May 2001 and November 2014 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 May 2001 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the November 2014 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might THORN TREE FARM be worth now?

THORN TREE FARM might now be worth an estimated £466,834.

This is based on house price inflation of 43.6%, between November 2014 and December 2024, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.6% inflationary increase is applied to the most recent sale price for THORN TREE FARM of £325,000 on 12th November 2014. For the value to have increased from £325,000 to £466,834 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of THORN TREE FARM has moved in line with the HPI for detached houses in the Preston local authority area.
• The November 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of THORN TREE FARM has not materially changed since November 2014.

How Large is THORN TREE FARM?

THORN TREE FARM is 200m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 10% of detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulwood, and where THORN TREE FARM lies on this distribution: 92% of detached houses houses are smaller than THORN TREE FARM, and 8% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

THORN TREE FARM: Plot and Title Map

THORN TREE FARM sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of THORN TREE FARM, 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 THORN TREE FARM). 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 THORN TREE FARM?

THORN TREE FARM is located on LIGHTFOOT LANE in HIGHER BARTLE, in the PR4 postcode district. The below map shows the position of THORN TREE FARM on LIGHTFOOT LANE.