4, BONDS LANE, ELSWICK, PRESTON, PR4 3ZE - £189,000

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.

4 BONDS LANE is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £257,231. It was last sold for £189,000 in February 2016, which was around 32% below the average February 2016 detached price in the Fylde 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.

4 BONDS LANE Sold Prices

Land registry data shows two sales for 4 BONDS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. Both of the two 4 BONDS 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
2016 9 FEB	£189,000	£279,043	32% below HPI
2007 20 JUL	£170,000	£289,083	41% below HPI

4 BONDS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two 4 BONDS LANE sales from July 2007 and February 2016 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 July 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 4 BONDS LANE be worth now?

4 BONDS LANE might now be worth an estimated £257,231.

This is based on house price inflation of 36.1%, between February 2016 and May 2026, for detached 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 36.1% inflationary increase is applied to the most recent sale price for 4 BONDS LANE of £189,000 on 9th February 2016. For the value to have increased from £189,000 to £257,231 over the nine years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 BONDS LANE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The February 2016 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BONDS LANE has not materially changed since February 2016.

How Large is 4 BONDS LANE?

4 BONDS LANE is 77m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Elswick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elswick, and where 4 BONDS LANE lies on this distribution: 13% of detached houses houses are smaller than 4 BONDS LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Elswick.

4 BONDS LANE: Plot and Title Map

4 BONDS LANE sits on a plot of roughly 0.608 of an acre, or 2,461m². The below map shows the location of 4 BONDS 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 4 BONDS 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 4 BONDS LANE?

4 BONDS LANE is located in ELSWICK, in the PR4 postcode district. The below map shows the position of No. 4 on BONDS LANE.