TWO HOOTS, DIMPLES LANE, GARSTANG, PRESTON, PR3 1RD - £390,000

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

TWO HOOTS is a very large detached house of 172m², built sometime between 1991 and 1995, which could now be worth an estimated £426,044. It was last sold for £390,000 in January 2022, which was around 42% above the average January 2022 detached price in the Wyre local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

TWO HOOTS Sold Prices

Land registry data shows two sales for TWO HOOTS 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. Both of the two TWO HOOTS 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
2022 4 JAN	£390,000	£275,199	42% above HPI
1999 7 SEP	£158,000	£93,729	69% above HPI

TWO HOOTS 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 TWO HOOTS sales from September 1999 and January 2022 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 September 1999 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the January 2022 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might TWO HOOTS be worth now?

TWO HOOTS might now be worth an estimated £426,044.

This is based on house price inflation of 9.2%, between January 2022 and December 2024, 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 9.2% inflationary increase is applied to the most recent sale price for TWO HOOTS of £390,000 on 4th January 2022. For the value to have increased from £390,000 to £426,044 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of TWO HOOTS has moved in line with the HPI for detached houses in the Wyre local authority area.
• The January 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of TWO HOOTS has not materially changed since January 2022.

How Large is TWO HOOTS?

TWO HOOTS is 172m² according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses houses in Bonds, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bonds, and where TWO HOOTS lies on this distribution: 86% of detached houses houses are smaller than TWO HOOTS, and 12% of houses are larger. Note that EPC data is not available for all properties in Bonds.

TWO HOOTS: Plot and Title Map

TWO HOOTS sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of TWO HOOTS, 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 TWO HOOTS). 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 TWO HOOTS?

TWO HOOTS is located on DIMPLES LANE in GARSTANG, in the PR3 postcode district. The below map shows the position of TWO HOOTS on DIMPLES LANE.