4, PARKWAY, BLACKPOOL, FY3 8NF - £295,000

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 PARKWAY is a very large extended detached house of 179m², built sometime between 1930 and 1949, which could now be worth an estimated £422,551. It was last sold for £295,000 in August 2014, which was around 81% above the average August 2014 detached price in the Blackpool local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

4 PARKWAY Sold Prices

Land registry data shows five sales for 4 PARKWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. All of the five 4 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
2014 29 AUG	£295,000	£162,879	81% above HPI
2002 28 JUN	£185,000	£102,323	81% above HPI
2000 3 FEB	£150,000	£83,664	79% above HPI
1999 31 MAR	£140,000	£81,626	72% above HPI
1995 23 JAN	£147,500	£72,911	102% above HPI

4 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 five 4 PARKWAY sales between January 1995 and August 2014 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 June 2002 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the August 2014 sale, which was also at 81% above the HPI.

What might 4 PARKWAY be worth now?

4 PARKWAY might now be worth an estimated £422,551.

This is based on house price inflation of 43.2%, between August 2014 and May 2026, 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 43.2% inflationary increase is applied to the most recent sale price for 4 PARKWAY of £295,000 on 29th August 2014. For the value to have increased from £295,000 to £422,551 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 4 PARKWAY has moved in line with the HPI for detached houses in the Blackpool local authority area.
• The August 2014 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARKWAY has not materially changed since August 2014.

How Large is 4 PARKWAY?

4 PARKWAY is 179m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the largest 20% 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 4 PARKWAY lies on this distribution: 88% of detached houses houses are smaller than 4 PARKWAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

4 PARKWAY: Plot and Title Map

4 PARKWAY sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 4 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 4 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 4 PARKWAY?

4 PARKWAY is located in BLACKPOOL, in the FY3 postcode district. The below map shows the position of No. 4 on PARKWAY.