OBAN, CASTLE LANE, GARSTANG, PRESTON, PR3 1RB - £750,000

OBAN is a very large extended detached house of 183m², built sometime between 1930 and 1949. It was last sold for £750,000 in January 2023, which was around 150% above the average January 2023 detached price in the Wyre local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

OBAN Sold Prices

Land registry data shows two sales for OBAN 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 OBAN 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
2023 9 JAN	£750,000	£299,415	150% above HPI
1997 4 JUL	£143,000	£82,995	72% above HPI

OBAN 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 OBAN sales from July 1997 and January 2023 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 1997 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the January 2023 sale, where it rises to 150% above the HPI. The line then continues to track at 150% above the HPI.

How Large is OBAN?

OBAN is 183m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Bonds, based on EPC data. The below chart shows the distribution of detached houses by size in Bonds, and where OBAN lies on this distribution: 94% of detached houses are smaller than OBAN, and 6% of houses are larger. Note that EPC data is not available for all properties in Bonds.

OBAN: Plot and Title Map

OBAN sits on a plot of roughly 0.464 of an acre, or 1,878m². The below map shows the location of OBAN, 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 OBAN). 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 OBAN?

OBAN is located on CASTLE LANE in GARSTANG, in the PR3 postcode district. The below map shows the position of OBAN on CASTLE LANE.