32, GREEN LANE, FRECKLETON, PRESTON, PR4 1RN - £135,000

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.

32 GREEN LANE is a small extended terraced house of 100m², built sometime between 1930 and 1949, which could now be worth an estimated £152,391. It was last sold for £135,000 in June 2021, which was around 22% below the average June 2021 terraced price in the Fylde local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

32 GREEN LANE Sold Prices

Land registry data shows four sales for 32 GREEN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Fylde local authority area for the corresponding sale date. All of the four 32 GREEN LANE 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
2021 4 JUN	£135,000	£173,070	22% below HPI
2019 9 AUG	£135,000	£153,406	12% below HPI
2017 28 JUL	£131,000	£149,741	13% below HPI
2007 14 SEP	£142,500	£154,222	8% below HPI

32 GREEN LANE 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 four 32 GREEN LANE sales between September 2007 and June 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 August 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 32 GREEN LANE be worth now?

32 GREEN LANE might now be worth an estimated £152,391.

This is based on house price inflation of 12.9%, between June 2021 and May 2026, 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 12.9% inflationary increase is applied to the most recent sale price for 32 GREEN LANE of £135,000 on 4th June 2021. For the value to have increased from £135,000 to £152,391 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 32 GREEN LANE has moved in line with the HPI for terraced houses in the Fylde local authority area.
• The June 2021 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 32 GREEN LANE has not materially changed since June 2021.

How Large is 32 GREEN LANE?

32 GREEN LANE is 100m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of terraced houses houses in Freckleton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Freckleton, and where 32 GREEN LANE lies on this distribution: 30% of terraced houses houses are smaller than 32 GREEN LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Freckleton.

32 GREEN LANE: Plot and Title Map

32 GREEN LANE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 32 GREEN LANE, 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 32 GREEN LANE). 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 32 GREEN LANE?

32 GREEN LANE is located in FRECKLETON, in the PR4 postcode district. The below map shows the position of No. 32 on GREEN LANE.