FOURWAYS, FOX LANE ENDS, WREA GREEN, PRESTON, PR4 2PJ - £900,000

FOURWAYS is a very large extended detached house of 304m², built sometime between 1950 and 1966. It was last sold for £900,000 in November 2015, which was around 238% above the average November 2015 detached price in the Fylde local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was F.

FOURWAYS Sold Prices

Land registry data shows four sales for FOURWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. All of the four FOURWAYS 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 13 NOV	£900,000	£266,081	238% above HPI
2014 10 JAN	£970,000	£247,067	293% above HPI
2007 30 OCT	£1,200,000	£286,736	319% above HPI
2000 21 JUN	£285,000	£113,964	150% above HPI

FOURWAYS 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 four FOURWAYS sales between June 2000 and November 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 January 2014 sale was for 293% above the HPI. So the extrapolation line tracks at 293% above the HPI over time, until the November 2015 sale, where it falls to 238% above the HPI. The line then continues to track at 238% above the HPI.

How Large is FOURWAYS?

FOURWAYS is 304m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 10% of detached houses in Wrea Green, based on EPC data. The below chart shows the distribution of detached houses by size in Wrea Green, and where FOURWAYS lies on this distribution: 97% of detached houses are smaller than FOURWAYS, and 3% of houses are larger. Note that EPC data is not available for all properties in Wrea Green.

FOURWAYS: Plot and Title Map

FOURWAYS sits on a plot of roughly 0.868 of an acre, or 3,514m². The below map shows the location of FOURWAYS, 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 FOURWAYS). 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 FOURWAYS?

FOURWAYS is located on FOX LANE ENDS in WREA GREEN, in the PR4 postcode district. The below map shows the position of FOURWAYS on FOX LANE ENDS.