2, GREEN LANE WEST, GARSTANG, PRESTON, PR3 1NJ - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GREEN LANE WEST is a small detached house of 94m², built sometime between 1930 and 1949. It was last sold for £165,000 in February 2017, which was around 27% below the average February 2017 detached price in the Wyre local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

2 GREEN LANE WEST Sold Prices

Land registry data shows two sales for 2 GREEN LANE WEST 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 2 GREEN LANE WEST 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
2017 17 FEB	£165,000	£225,685	27% below HPI
2011 22 DEC	£135,000	£208,924	35% below HPI

2 GREEN LANE WEST 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 2 GREEN LANE WEST sales from December 2011 and February 2017 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 December 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 GREEN LANE WEST be worth now?

2 GREEN LANE WEST might now be worth an estimated £219,795.

This is based on house price inflation of 33.2%, between February 2017 and December 2024, 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 33.2% inflationary increase is applied to the most recent sale price for 2 GREEN LANE WEST of £165,000 on 17th February 2017. For the value to have increased from £165,000 to £219,795 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 2 GREEN LANE WEST has moved in line with the HPI for detached houses in the Wyre local authority area.
• The February 2017 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREEN LANE WEST has not materially changed since February 2017.

How Large is 2 GREEN LANE WEST?

2 GREEN LANE WEST is 94m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses houses by size in Garstang, and where 2 GREEN LANE WEST lies on this distribution: 27% of detached houses houses are smaller than 2 GREEN LANE WEST, and 72% of houses are larger. Note that EPC data is not available for all properties in Garstang.

2 GREEN LANE WEST: Plot and Title Map

2 GREEN LANE WEST sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 2 GREEN LANE WEST, 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 2 GREEN LANE WEST). 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 2 GREEN LANE WEST?

2 GREEN LANE WEST is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 2 on GREEN LANE WEST.