224, TAG LANE, INGOL, PRESTON, PR2 3TX - £237,500

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

224 TAG LANE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £237,500 in July 2017, which was around 7% above the average July 2017 detached price in the Preston local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

224 TAG LANE Sold Prices

Land registry data shows two sales for 224 TAG LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. One of the two 224 TAG LANE sales was for above the average price, whilst the other was 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 JUL	£237,500	£221,817	7% above HPI
2006 20 OCT	£175,000	£224,891	22% below HPI

224 TAG 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 two 224 TAG LANE sales from October 2006 and July 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 October 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 224 TAG LANE?

224 TAG LANE is 116m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 224 TAG LANE lies on this distribution: 48% of detached houses are smaller than 224 TAG LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

224 TAG LANE: Plot and Title Map

224 TAG LANE sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of 224 TAG 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 224 TAG 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 224 TAG LANE?

224 TAG LANE is located in INGOL, in the PR2 postcode district. The below map shows the position of No. 224 on TAG LANE.