NODDES, SANDY LANE, HAMBLETON, POULTON-LE-FYLDE, FY6 9AA - £320,000

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.

NODDES is a very large extended detached house of 179m², built sometime between 1950 and 1966, which could now be worth an estimated £416,772. It was last sold for £320,000 in July 2018, which was around 37% above the average July 2018 detached price in the Wyre local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

NODDES Sold Prices

Land registry data shows three sales for NODDES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Two of the three NODDES sales were for above the average price, whilst one was for below 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
2018 10 JUL	£320,000	£233,622	37% above HPI
2014 11 JUL	£225,000	£212,008	6% above HPI
2013 26 JUL	£124,999	£199,380	37% below HPI

NODDES 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 three NODDES sales between July 2013 and July 2018 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 July 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might NODDES be worth now?

NODDES might now be worth an estimated £416,772.

This is based on house price inflation of 30.2%, between July 2018 and May 2026, for 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 30.2% inflationary increase is applied to the most recent sale price for NODDES of £320,000 on 10th July 2018. For the value to have increased from £320,000 to £416,772 over the eight years and two months to May 2026, the following assumptions must hold true:

• The value of NODDES has moved in line with the HPI for detached houses in the Wyre local authority area.
• The July 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of NODDES has not materially changed since July 2018.

How Large is NODDES?

NODDES is 179m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 20% of detached houses in Hambleton, based on EPC data. The below chart shows the distribution of detached houses by size in Hambleton, and where NODDES lies on this distribution: 81% of detached houses are smaller than NODDES, and 19% of detached houses are larger. Note that EPC data is not available for all properties in Hambleton.