5, GREEN LANE, FRECKLETON, PRESTON, PR4 1RN - £140,000

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.

5 GREEN LANE is a very large extended detached house of 241m², built sometime between 1900 and 1929, which could now be worth an estimated £324,773. It was last sold for £140,000 in September 2002, which was around 14% below the average September 2002 detached price in the Fylde local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

5 GREEN LANE Sold Prices

Land registry data shows two sales for 5 GREEN 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 5 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
2002 20 SEP	£140,000	£163,712	14% below HPI
1996 31 MAY	£74,850	£91,993	19% below HPI

5 GREEN 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 5 GREEN LANE sales from May 1996 and September 2002 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 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2002 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 GREEN LANE be worth now?

5 GREEN LANE might now be worth an estimated £324,773.

This is based on house price inflation of 132%, between September 2002 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 132% inflationary increase is applied to the most recent sale price for 5 GREEN LANE of £140,000 on 20th September 2002. For the value to have increased from £140,000 to £324,773 over the 24 years and four months to May 2026, the following assumptions must hold true:

• The value of 5 GREEN LANE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The September 2002 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GREEN LANE has not materially changed since September 2002.

How Large is 5 GREEN LANE?

5 GREEN LANE is 241m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses houses in Freckleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freckleton, and where 5 GREEN LANE lies on this distribution: 98% of detached houses houses are smaller than 5 GREEN LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Freckleton.

5 GREEN LANE: Plot and Title Map

5 GREEN LANE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 5 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 5 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 5 GREEN LANE?

5 GREEN LANE is located in FRECKLETON, in the PR4 postcode district. The below map shows the position of No. 5 on GREEN LANE.