15, SHARPLES DRIVE, WREA GREEN, PRESTON, PR4 2EL - £345,000

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.

15 SHARPLES DRIVE is a very small detached house of 118m², which could now be worth an estimated £377,487. It was last sold for £345,000 in June 2021, which was around 4% above the average June 2021 detached price in the Fylde local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was A.

15 SHARPLES DRIVE Sold Prices

Land registry data shows two sales for 15 SHARPLES DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. Both of the two 15 SHARPLES DRIVE 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 25 JUN	£345,000	£332,884	4% above HPI
2015 2 JUL	£309,950	£276,194	12% above HPI

15 SHARPLES DRIVE 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 two 15 SHARPLES DRIVE sales from July 2015 and June 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 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 15 SHARPLES DRIVE be worth now?

15 SHARPLES DRIVE might now be worth an estimated £377,487.

This is based on house price inflation of 9.4%, between June 2021 and June 2025, 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 9.4% inflationary increase is applied to the most recent sale price for 15 SHARPLES DRIVE of £345,000 on 25th June 2021. For the value to have increased from £345,000 to £377,487 over the four years to June 2025, the following assumptions must hold true:

• The value of 15 SHARPLES DRIVE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The June 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHARPLES DRIVE has not materially changed since June 2021.

How Large is 15 SHARPLES DRIVE?

15 SHARPLES DRIVE is 118m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Wrea Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrea Green, and where 15 SHARPLES DRIVE lies on this distribution: 16% of detached houses houses are smaller than 15 SHARPLES DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wrea Green.

15 SHARPLES DRIVE: Plot and Title Map

15 SHARPLES DRIVE sits on a plot of roughly 0.240 of an acre, or 973m². The below map shows the location of 15 SHARPLES DRIVE, 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 15 SHARPLES DRIVE). 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 15 SHARPLES DRIVE?

15 SHARPLES DRIVE is located in WREA GREEN, in the PR4 postcode district. The below map shows the position of No. 15 on SHARPLES DRIVE.