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 TAG LANE is a midsized extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £195,000 in July 2014, which was around 9% below the average July 2014 detached price in the Preston local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 225 TAG 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 TAG 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 |
---|---|---|---|
2014 17 JUL | £195,000 | £214,588 | 9% below HPI |
1999 19 NOV | £86,000 | £92,356 | 7% below 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 TAG LANE sales from November 1999 and July 2014 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 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
225 TAG LANE is 110m², which includes one extension, according to the EPC inspection conducted in April 2014. 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 225 TAG LANE lies on this distribution: 41% of detached houses are smaller than 225 TAG LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Fulwood.
225 TAG LANE sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of 225 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 225 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.
225 TAG LANE is located in INGOL, in the PR2 postcode district. The below map shows the position of No. 225 on TAG LANE.