2, MAYO DRIVE, TARLETON, PRESTON, PR4 6DL - £242,800

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.

2 MAYO DRIVE is a very small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £318,661. It was last sold for £242,800 in July 2020, which was around 17% below the average July 2020 detached price in the West Lancashire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

2 MAYO DRIVE Sold Prices

Land registry data shows two sales for 2 MAYO 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 West Lancashire local authority area for the corresponding sale date. Both of the two 2 MAYO DRIVE sales were for below 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
2020 31 JUL	£242,800	£292,490	17% below HPI
2001 6 JUL	£97,500	£120,534	19% below HPI

2 MAYO DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 2 MAYO DRIVE sales from July 2001 and July 2020 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 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 MAYO DRIVE be worth now?

2 MAYO DRIVE might now be worth an estimated £318,661.

This is based on house price inflation of 31.2%, between July 2020 and April 2026, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.2% inflationary increase is applied to the most recent sale price for 2 MAYO DRIVE of £242,800 on 31st July 2020. For the value to have increased from £242,800 to £318,661 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 2 MAYO DRIVE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The July 2020 sale price of £242,800 represented a fair market value for the property.
• The size, condition, and specification of 2 MAYO DRIVE has not materially changed since July 2020.

How Large is 2 MAYO DRIVE?

2 MAYO DRIVE is 90m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses houses in Tarleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tarleton, and where 2 MAYO DRIVE lies on this distribution: 17% of detached houses houses are smaller than 2 MAYO DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

2 MAYO DRIVE: Plot and Title Map

2 MAYO DRIVE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 2 MAYO 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 2 MAYO 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 2 MAYO DRIVE?

2 MAYO DRIVE is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 2 on MAYO DRIVE.