3, THE BEECHES, TARLETON, PRESTON, PR4 6EL - £147,000

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 THE BEECHES is a very small terraced house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £215,916. It was last sold for £147,000 in February 2018, which was around 19% above the average February 2018 terraced price in the West Lancashire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

3 THE BEECHES Sold Prices

Land registry data shows four sales for 3 THE BEECHES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Lancashire local authority area for the corresponding sale date. All of the four 3 THE BEECHES 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
2018 2 FEB	£147,000	£123,620	19% above HPI
2007 24 MAY	£148,000	£120,272	23% above HPI
2004 31 AUG	£140,000	£96,213	46% above HPI
1999 14 JAN	£49,950	£40,909	22% above HPI

3 THE BEECHES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lancashire local authority area over time, sourced from the HPI. The four 3 THE BEECHES sales between January 1999 and February 2018 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 May 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2018 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 3 THE BEECHES be worth now?

3 THE BEECHES might now be worth an estimated £215,916.

This is based on house price inflation of 46.9%, between February 2018 and April 2026, for terraced 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 46.9% inflationary increase is applied to the most recent sale price for 3 THE BEECHES of £147,000 on 2nd February 2018. For the value to have increased from £147,000 to £215,916 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 3 THE BEECHES has moved in line with the HPI for terraced houses in the West Lancashire local authority area.
• The February 2018 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE BEECHES has not materially changed since February 2018.

How Large is 3 THE BEECHES?

3 THE BEECHES is 69m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of terraced houses houses in Tarleton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tarleton, and where 3 THE BEECHES lies on this distribution: 2% of terraced houses houses are smaller than 3 THE BEECHES, and 98% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

3 THE BEECHES: Plot and Title Map

3 THE BEECHES sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 3 THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

3 THE BEECHES is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 3 on THE BEECHES.