22, FAIRFIELD WAY, WESHAM, PRESTON, PR4 3EP - £157,500

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.

22 FAIRFIELD WAY is a very small terraced house of 78m², built sometime from 2007 onwards, which could now be worth an estimated £151,187. It was last sold for £157,500 in December 2022, which was around 19% below the average December 2022 terraced price in the Fylde local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

22 FAIRFIELD WAY Sold Prices

Land registry data shows two sales for 22 FAIRFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Fylde local authority area for the corresponding sale date. Both of the two 22 FAIRFIELD WAY 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
2022 16 DEC	£157,500	£193,854	19% below HPI
2014 20 JUN	£75,000	£138,976	46% below HPI

22 FAIRFIELD WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fylde local authority area over time, sourced from the HPI. The two 22 FAIRFIELD WAY sales from June 2014 and December 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 June 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 22 FAIRFIELD WAY be worth now?

22 FAIRFIELD WAY might now be worth an estimated £151,187.

This is based on house price deflation of 4%, between December 2022 and June 2025, for terraced 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 4% deflationary decrease is applied to the most recent sale price for 22 FAIRFIELD WAY of £157,500 on 16th December 2022. For the value to have decreased from £157,500 to £151,187 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 22 FAIRFIELD WAY has moved in line with the HPI for terraced houses in the Fylde local authority area.
• The December 2022 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 22 FAIRFIELD WAY has not materially changed since December 2022.

How Large is 22 FAIRFIELD WAY?

22 FAIRFIELD WAY is 78m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of terraced houses houses in Wesham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wesham, and where 22 FAIRFIELD WAY lies on this distribution: 6% of terraced houses houses are smaller than 22 FAIRFIELD WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Wesham.

22 FAIRFIELD WAY: Plot and Title Map

22 FAIRFIELD WAY sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 22 FAIRFIELD WAY, 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 22 FAIRFIELD WAY). 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 22 FAIRFIELD WAY?

22 FAIRFIELD WAY is located in WESHAM, in the PR4 postcode district. The below map shows the position of No. 22 on FAIRFIELD WAY.