21, THE GRAVEL, MERE BROW, PRESTON, PR4 6JX - £415,000

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

21 THE GRAVEL is a large extended detached house of 153m², built sometime between 1930 and 1949. It was last sold for £415,000 in November 2020, which was around 42% above the average November 2020 detached price in the West Lancashire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was C.

21 THE GRAVEL Sold Prices

Land registry data shows two sales for 21 THE GRAVEL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 21 THE GRAVEL 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
2020 20 NOV	£415,000	£291,694	42% above HPI
2014 7 NOV	£313,500	£247,400	27% above HPI

21 THE GRAVEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 21 THE GRAVEL sales from November 2014 and November 2020 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 November 2014 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2020 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 21 THE GRAVEL?

21 THE GRAVEL is 153m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses in Mere Brow, based on EPC data. The below chart shows the distribution of detached houses by size in Mere Brow, and where 21 THE GRAVEL lies on this distribution: 68% of detached houses are smaller than 21 THE GRAVEL, and 32% of houses are larger. Note that EPC data is not available for all properties in Mere Brow.

21 THE GRAVEL: Plot and Title Map

21 THE GRAVEL sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of 21 THE GRAVEL, 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 21 THE GRAVEL). 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 21 THE GRAVEL?

21 THE GRAVEL is located in MERE BROW, in the PR4 postcode district. The below map shows the position of No. 21 on THE GRAVEL.