62, SANDY LANE, PREESALL, POULTON-LE-FYLDE, FY6 0PR - £160,000

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.

62 SANDY LANE is a very small semi-detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £169,300. It was last sold for £160,000 in May 2022, which was around 9% below the average May 2022 semi-detached price in the Wyre local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

62 SANDY LANE Sold Prices

Land registry data shows three sales for 62 SANDY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wyre local authority area for the corresponding sale date. Two of the three 62 SANDY LANE sales were for below the average price, whilst one was 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
2022 13 MAY	£160,000	£176,559	9% below HPI
2017 15 DEC	£139,950	£145,233	4% below HPI
1996 21 JUN	£53,000	£50,439	5% above HPI

62 SANDY LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wyre local authority area over time, sourced from the HPI. The three 62 SANDY LANE sales between June 1996 and May 2022 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 December 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 62 SANDY LANE be worth now?

62 SANDY LANE might now be worth an estimated £169,300.

This is based on house price inflation of 5.8%, between May 2022 and May 2026, for semi-detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.8% inflationary increase is applied to the most recent sale price for 62 SANDY LANE of £160,000 on 13th May 2022. For the value to have increased from £160,000 to £169,300 over the four years to May 2026, the following assumptions must hold true:

• The value of 62 SANDY LANE has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The May 2022 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 62 SANDY LANE has not materially changed since May 2022.

How Large is 62 SANDY LANE?

62 SANDY LANE is 79m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of semi-detached houses houses in Preesall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preesall, and where 62 SANDY LANE lies on this distribution: 18% of semi-detached houses houses are smaller than 62 SANDY LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Preesall.

62 SANDY LANE: Plot and Title Map

62 SANDY LANE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 62 SANDY 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 62 SANDY 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 62 SANDY LANE?

62 SANDY LANE is located in PREESALL, in the FY6 postcode district. The below map shows the position of No. 62 on SANDY LANE.