DERWENT FOLDS, 286, PARK LANE, PREESALL, POULTON-LE-FYLDE, FY6 0LU - £272,500

DERWENT FOLDS is a midsized detached house of 136m², built sometime between 1950 and 1966. It was last sold for £272,500 in August 2020, which was around 18% above the average August 2020 detached price in the Wyre local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

DERWENT FOLDS Sold Prices

Land registry data shows two sales for DERWENT FOLDS 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 DERWENT FOLDS 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 12 AUG	£272,500	£231,690	18% above HPI
2001 27 NOV	£125,000	£107,348	16% above HPI

DERWENT FOLDS 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 DERWENT FOLDS sales from November 2001 and August 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 November 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is DERWENT FOLDS?

DERWENT FOLDS is 136m² according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses in Preesall, based on EPC data. The below chart shows the distribution of detached houses by size in Preesall, and where DERWENT FOLDS lies on this distribution: 55% of detached houses are smaller than DERWENT FOLDS, and 45% of houses are larger. Note that EPC data is not available for all properties in Preesall.

DERWENT FOLDS: Plot and Title Map

DERWENT FOLDS sits on a plot of roughly 0.263 of an acre, or 1,063m². The below map shows the location of DERWENT FOLDS, 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 DERWENT FOLDS). 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 DERWENT FOLDS?

DERWENT FOLDS is located on PARK LANE in PREESALL, in the FY6 postcode district. The below map shows the position of DERWENT FOLDS on PARK LANE.