Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
225 HOYLES LANE is a very large extended detached house of 211m², built sometime between 1930 and 1949. It was last sold for £440,000 in November 2016, which was around 97% above the average November 2016 detached price in the Preston local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 225 HOYLES LANE since 1st 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. Both of the two 225 HOYLES LANE 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 |
---|---|---|---|
2016 18 NOV | £440,000 | £223,038 | 97% above HPI |
2002 25 MAR | £280,000 | £107,860 | 160% above HPI |
The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 225 HOYLES LANE sales from March 2002 and November 2016 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 March 2002 sale was for 160% above the HPI. So the extrapolation line tracks at 160% above the HPI over time, until the November 2016 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.
225 HOYLES LANE is 211m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 225 HOYLES LANE lies on this distribution: 98% of detached houses are smaller than 225 HOYLES LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Cottam.
225 HOYLES LANE sits on a plot of roughly 0.505 of an acre, or 2,043m². The below map shows the location of 225 HOYLES 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 225 HOYLES 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.
225 HOYLES LANE is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 225 on HOYLES LANE.