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
226 TAG LANE is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £326,500 in November 2021, which was around 24% above the average November 2021 detached price in the Preston local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 226 TAG LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. two of the four 226 TAG LANE sales were for above the average price, and four 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 |
---|---|---|---|
2021 29 NOV | £326,500 | £263,411 | 24% above HPI |
2016 14 OCT | £185,000 | £223,497 | 17% below HPI |
2011 3 JUN | £182,000 | £212,284 | 14% below HPI |
2002 23 JUL | £125,000 | £119,920 | 4% above HPI |
The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The four 226 TAG LANE sales between July 2002 and November 2021 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 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.
226 TAG LANE is 140m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 226 TAG LANE lies on this distribution: 70% of detached houses are smaller than 226 TAG LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Fulwood.
226 TAG LANE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 226 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 226 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.
226 TAG LANE is located in INGOL, in the PR2 postcode district. The below map shows the position of No. 226 on TAG LANE.