15, Wallace Lane
15, Wallace Lane
Description & Estimates
Public records show 15, Wallace Lane, Preston to be a mid-century freehold house with 775 ft2 of internal area, sitting on a 343 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
15, Wallace Lane, Preston has an estimated sale value of £239,237 and an estimated rental value of £1,156 per month, assuming reasonable condition and based on the information available.
Wallace Lane, Forton, Preston, PR3 lies in the borough of Wyre, within the PR3 postal district.
Our Data Sources
15, Wallace Lane, Preston has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 15, Wallace Lane, Preston would be worth £251,199, with a potential rental value of £1,214 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £222,491, with a rental value of £1,075 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Wallace Lane, Preston has dropped by £94 (0.0%) over the last year. During the same period, its estimated monthly rental value has risen by £39 (3.4%). The property's estimated gross yield is currently 5.8%.
Plot Size
15, Wallace Lane, Preston occupies a 343 m2 plot as recorded by HM Land Registry.
Of the 40 other houses in this postcode, 29 have recorded plot sizes, and this one ranks as the 25th largest.
Energy Efficiency
15, Wallace Lane, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
15, Wallace Lane, Preston last changed hands on 3rd June 2024, selling for £200,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 5.1% since June 2024.
- Sold Jun 2024£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.9 kilometres of 15, Wallace Lane, Preston across the last 2 years.
Most recently, 6, Ennerdale Close, Preston, PR3 0BE, a freehold house, sold at £240,000 on the 24th November 2025.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Wallace Lane, Preston as the 58th largest and the 59th most expensive of the 60 addresses on Wallace Lane, Forton, Preston, PR3.
Against the PR3 postcode district average, it is £74k less expensive than the typical property.
More reading links
Schools Nearby
- 300mForton Primary School
- 2.3kmCockerham Parochial CofE Primary School
- 3.1kmScorton Church of England Primary School
- 7.6kmGarstang Community Academy
- 9.2kmRipley St Thomas Church of England Academy
- 10.0kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
Lancaster station is the nearest stop to 15, Wallace Lane, Preston at 10.3 kilometres away.
- 10.3kmLancaster
- 12.1kmHeysham Port
- 13.6kmBare Lane
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
