5, PLOVERS WAY, BLACKPOOL, FY3 8FD - £220,000

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 PLOVERS WAY is a large detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £276,863. It was last sold for £220,000 in September 2019, which was around 19% above the average September 2019 detached price in the Blackpool local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

5 PLOVERS WAY Sold Prices

Land registry data shows two sales for 5 PLOVERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. Both of the two 5 PLOVERS WAY 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
2019 6 SEP	£220,000	£185,387	19% above HPI
2001 13 JUL	£147,950	£90,541	63% above HPI

5 PLOVERS WAY 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 two 5 PLOVERS WAY sales from July 2001 and September 2019 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 2001 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the September 2019 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 5 PLOVERS WAY be worth now?

5 PLOVERS WAY might now be worth an estimated £276,863.

This is based on house price inflation of 25.8%, between September 2019 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 25.8% inflationary increase is applied to the most recent sale price for 5 PLOVERS WAY of £220,000 on 6th September 2019. For the value to have increased from £220,000 to £276,863 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 5 PLOVERS WAY has moved in line with the HPI for detached houses in the Blackpool local authority area.
• The September 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PLOVERS WAY has not materially changed since September 2019.

How Large is 5 PLOVERS WAY?

5 PLOVERS WAY is 124m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 5 PLOVERS WAY lies on this distribution: 62% of detached houses are smaller than 5 PLOVERS WAY, and 37% of detached houses are larger. Note that EPC data is not available for all properties in Blackpool.