7, SPALDING AVENUE, GARSTANG, PRESTON, PR3 1TN - £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.

7 SPALDING AVENUE is a very small semi-detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £276,047. It was last sold for £220,000 in October 2020, which was around 48% above the average October 2020 semi-detached price in the Wyre local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

7 SPALDING AVENUE Sold Prices

Land registry data shows four sales for 7 SPALDING AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wyre local authority area for the corresponding sale date. All of the four 7 SPALDING AVENUE 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
2020 2 OCT	£220,000	£148,222	48% above HPI
2016 16 DEC	£206,000	£134,315	53% above HPI
2006 27 OCT	£210,000	£146,432	43% above HPI
2003 20 JUN	£169,995	£93,733	81% above HPI

7 SPALDING AVENUE 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 four 7 SPALDING AVENUE sales between June 2003 and October 2020 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 2016 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2020 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 7 SPALDING AVENUE be worth now?

7 SPALDING AVENUE might now be worth an estimated £276,047.

This is based on house price inflation of 25.5%, between October 2020 and February 2025, 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 25.5% inflationary increase is applied to the most recent sale price for 7 SPALDING AVENUE of £220,000 on 2nd October 2020. For the value to have increased from £220,000 to £276,047 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 SPALDING AVENUE has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The October 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPALDING AVENUE has not materially changed since October 2020.

How Large is 7 SPALDING AVENUE?

7 SPALDING AVENUE is 97m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of semi-detached houses houses in Bonds, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bonds, and where 7 SPALDING AVENUE lies on this distribution: 16% of semi-detached houses houses are smaller than 7 SPALDING AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bonds.

7 SPALDING AVENUE: Plot and Title Map

7 SPALDING AVENUE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 7 SPALDING AVENUE, 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 7 SPALDING AVENUE). 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 7 SPALDING AVENUE?

7 SPALDING AVENUE is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 7 on SPALDING AVENUE.