3, PARKWAY, BLACKPOOL, FY3 8NF - £296,000

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.

3 PARKWAY is a very large extended detached house of 207m², built sometime between 1950 and 1966, which could now be worth an estimated £387,392. It was last sold for £296,000 in June 2019, which was around 65% above the average June 2019 detached price in the Blackpool local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

3 PARKWAY Sold Prices

Land registry data shows two sales for 3 PARKWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. Both of the two 3 PARKWAY 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
2019 13 JUN	£296,000	£179,464	65% above HPI
2016 23 DEC	£220,000	£176,637	25% above HPI

3 PARKWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blackpool local authority area over time, sourced from the HPI. The two 3 PARKWAY sales from December 2016 and June 2019 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 December 2016 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2019 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 3 PARKWAY be worth now?

3 PARKWAY might now be worth an estimated £387,392.

This is based on house price inflation of 30.9%, between June 2019 and February 2025, for detached houses, in the Blackpool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.9% inflationary increase is applied to the most recent sale price for 3 PARKWAY of £296,000 on 13th June 2019. For the value to have increased from £296,000 to £387,392 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 3 PARKWAY has moved in line with the HPI for detached houses in the Blackpool local authority area.
• The June 2019 sale price of £296,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKWAY has not materially changed since June 2019.

How Large is 3 PARKWAY?

3 PARKWAY is 207m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackpool, and where 3 PARKWAY lies on this distribution: 93% of detached houses houses are smaller than 3 PARKWAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

3 PARKWAY: Plot and Title Map

3 PARKWAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 3 PARKWAY, 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 3 PARKWAY). 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 3 PARKWAY?

3 PARKWAY is located in BLACKPOOL, in the FY3 postcode district. The below map shows the position of No. 3 on PARKWAY.