BANK FARM, BANK LANE, WARTON, PRESTON, PR4 1TB - £615,000

BANK FARM is a very large extended detached house of 188m², built sometime before 1900. It was last sold for £615,000 in June 2022, which was around 76% above the average June 2022 detached price in the Fylde local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

BANK FARM Sold Prices

Land registry data shows two sales for BANK FARM 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 BANK FARM 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
2022 1 JUN	£615,000	£350,321	76% above HPI
2018 24 AUG	£407,500	£287,104	42% above HPI

BANK FARM 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 BANK FARM sales from August 2018 and June 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 August 2018 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2022 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is BANK FARM?

BANK FARM is 188m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in Warton, based on EPC data. The below chart shows the distribution of detached houses by size in Warton, and where BANK FARM lies on this distribution: 98% of detached houses are smaller than BANK FARM, and 2% of houses are larger. Note that EPC data is not available for all properties in Warton.

BANK FARM: Plot and Title Map

BANK FARM sits on a plot of roughly 0.801 of an acre, or 3,240m². The below map shows the location of BANK FARM, 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 BANK FARM). 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 BANK FARM?

BANK FARM is located on BANK LANE in WARTON, in the PR4 postcode district. The below map shows the position of BANK FARM on BANK LANE.