3, WHEATFIELDS ROAD, INSKIP, PRESTON, PR4 0SL - £390,000

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 WHEATFIELDS ROAD is a very large detached house of 163m², built in 2020, which could now be worth an estimated £439,835. It was last sold for £390,000 in August 2021, which was around 46% above the average August 2021 detached price in the Wyre local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

3 WHEATFIELDS ROAD Sold Prices

Land registry data shows two sales for 3 WHEATFIELDS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two 3 WHEATFIELDS ROAD 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 18 AUG	£390,000	£267,504	46% above HPI
2018 9 FEB	£1,468,759	£235,720	523% above HPI

3 WHEATFIELDS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two 3 WHEATFIELDS ROAD sales from February 2018 and August 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 February 2018 sale was for 523% above the HPI. So the extrapolation line tracks at 523% above the HPI over time, until the August 2021 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 3 WHEATFIELDS ROAD be worth now?

3 WHEATFIELDS ROAD might now be worth an estimated £439,835.

This is based on house price inflation of 12.8%, between August 2021 and April 2026, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.8% inflationary increase is applied to the most recent sale price for 3 WHEATFIELDS ROAD of £390,000 on 18th August 2021. For the value to have increased from £390,000 to £439,835 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 3 WHEATFIELDS ROAD has moved in line with the HPI for detached houses in the Wyre local authority area.
• The August 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WHEATFIELDS ROAD has not materially changed since August 2021.

How Large is 3 WHEATFIELDS ROAD?

3 WHEATFIELDS ROAD is 163m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses houses in Inskip, based on EPC data. The below chart shows the distribution of detached houses houses by size in Inskip, and where 3 WHEATFIELDS ROAD lies on this distribution: 85% of detached houses houses are smaller than 3 WHEATFIELDS ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Inskip.

3 WHEATFIELDS ROAD: Plot and Title Map

3 WHEATFIELDS ROAD sits on a plot of roughly 100.2 acres, or 405,646m². The below map shows the location of 3 WHEATFIELDS ROAD, 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 WHEATFIELDS ROAD). 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 WHEATFIELDS ROAD?

3 WHEATFIELDS ROAD is located in INSKIP, in the PR4 postcode district. The below map shows the position of No. 3 on WHEATFIELDS ROAD.