1, LOWER LANE, FRECKLETON, PRESTON, PR4 1HH - £175,000

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.

1 LOWER LANE is a very large extended terraced house of 115m², built sometime before 1900, which could now be worth an estimated £179,817. It was last sold for £175,000 in February 2024, which was around 8% below the average February 2024 terraced price in the Fylde local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

1 LOWER LANE Sold Prices

Land registry data shows one sale for 1 LOWER LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Fylde local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 15 FEB	£175,000	£190,131	8% below HPI

What might 1 LOWER LANE be worth now?

1 LOWER LANE might now be worth an estimated £179,817.

This is based on house price inflation of 2.8%, between February 2024 and May 2026, for terraced houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% inflationary increase is applied to the most recent sale price for 1 LOWER LANE of £175,000 on 15th February 2024. For the value to have increased from £175,000 to £179,817 over the one year and nine months to May 2026, the following assumptions must hold true:

• The value of 1 LOWER LANE has moved in line with the HPI for terraced houses in the Fylde local authority area.
• The February 2024 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LOWER LANE has not materially changed since February 2024.

How Large is 1 LOWER LANE?

1 LOWER LANE is 115m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 10% of terraced houses in Freckleton, based on EPC data. The below chart shows the distribution of terraced houses by size in Freckleton, and where 1 LOWER LANE lies on this distribution: 93% of terraced houses are smaller than 1 LOWER LANE, and 7% of terraced houses are larger. Note that EPC data is not available for all properties in Freckleton.

1 LOWER LANE: Plot

1 LOWER LANE sits on a plot of roughly 0.081 of an acre, or 326m².

Where is 1 LOWER LANE?

1 LOWER LANE is located in FRECKLETON, in the PR4 postcode district.