BANK VIEW, GARSTANG ROAD, BILSBORROW, PRESTON, PR3 0RE - £420,000

BANK VIEW is a very large detached house of 225m², built sometime between 1991 and 1995. It was last sold for £420,000 in September 2015, which was around 101% above the average September 2015 detached price in the Wyre local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

BANK VIEW Sold Prices

Land registry data shows two sales for BANK VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two BANK VIEW 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
2015 2 SEP	£420,000	£208,909	101% above HPI
2005 1 DEC	£315,000	£205,687	53% above HPI

BANK VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two BANK VIEW sales from December 2005 and September 2015 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 2005 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the September 2015 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is BANK VIEW?

BANK VIEW is 225m² according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Bilsborrow, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsborrow, and where BANK VIEW lies on this distribution: 94% of detached houses are smaller than BANK VIEW, and 6% of houses are larger. Note that EPC data is not available for all properties in Bilsborrow.

BANK VIEW: Plot and Title Map

BANK VIEW sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of BANK VIEW, 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 VIEW). 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 VIEW?

BANK VIEW is located on GARSTANG ROAD in BILSBORROW, in the PR3 postcode district. The below map shows the position of BANK VIEW on GARSTANG ROAD.