18, DOUGLAS LANE, GRIMSARGH, PRESTON, PR2 5JF - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 DOUGLAS LANE is a very small detached house of 92m², built sometime between 2003 and 2006. It was last sold for £205,000 in November 2015, which was around 7% below the average November 2015 detached price in the Preston local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

18 DOUGLAS LANE Sold Prices

Land registry data shows three sales for 18 DOUGLAS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 18 DOUGLAS LANE sales were 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
2015 13 NOV	£205,000	£221,187	7% below HPI
2008 17 OCT	£192,500	£222,461	13% below HPI
2004 12 AUG	£163,950	£184,718	11% below HPI

18 DOUGLAS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The three 18 DOUGLAS LANE sales between August 2004 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 October 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2015 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 18 DOUGLAS LANE?

18 DOUGLAS LANE is 92m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsargh, and where 18 DOUGLAS LANE lies on this distribution: 15% of detached houses are smaller than 18 DOUGLAS LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

18 DOUGLAS LANE: Plot and Title Map

18 DOUGLAS LANE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 18 DOUGLAS LANE, 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 18 DOUGLAS LANE). 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 18 DOUGLAS LANE?

18 DOUGLAS LANE is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 18 on DOUGLAS LANE.