TREETOPS, PARKSIDE LANE, NATEBY, PRESTON, PR3 0JA - £277,542

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TREETOPS is a very small extended detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £331,969. It was last sold for £277,542 in May 2021, which was around 7% above the average May 2021 detached price in the Wyre local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

TREETOPS Sold Prices

Land registry data shows three sales for TREETOPS 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. The three TREETOPS sales were a mix of above the average price, and roughly equal to 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 21 MAY	£277,542	£259,224	7% above HPI
2012 23 FEB	£265,000	£204,385	30% above HPI
1995 19 APR	£83,500	£83,188	Close to HPI

TREETOPS 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 TREETOPS sales between April 1995 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 February 2012 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might TREETOPS be worth now?

TREETOPS might now be worth an estimated £331,969.

This is based on house price inflation of 19.6%, between May 2021 and February 2025, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for TREETOPS of £277,542 on 21st May 2021. For the value to have increased from £277,542 to £331,969 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of TREETOPS has moved in line with the HPI for detached houses in the Wyre local authority area.
• The May 2021 sale price of £277,542 represented a fair market value for the property.
• The size, condition, and specification of TREETOPS has not materially changed since May 2021.

How Large is TREETOPS?

TREETOPS is 74m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses houses by size in Garstang, and where TREETOPS lies on this distribution: 6% of detached houses houses are smaller than TREETOPS, and 94% of houses are larger. Note that EPC data is not available for all properties in Garstang.

TREETOPS: Plot and Title Map

TREETOPS sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of TREETOPS, 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 TREETOPS). 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 TREETOPS?

TREETOPS is located on PARKSIDE LANE in NATEBY, in the PR3 postcode district. The below map shows the position of TREETOPS on PARKSIDE LANE.