242, GREGSON LANE, HOGHTON, PRESTON, PR5 0LA - £325,000

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

242 GREGSON LANE is a midsized detached house of 106m², built sometime between 1950 and 1966. It was last sold for £325,000 in March 2014, which was around 48% above the average March 2014 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

242 GREGSON LANE Sold Prices

Land registry data shows two sales for 242 GREGSON 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 South Ribble local authority area for the corresponding sale date. Both of the two 242 GREGSON 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
2014 14 MAR	£325,000	£219,276	48% above HPI
2003 7 MAR	£295,000	£148,451	99% above HPI

242 GREGSON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 242 GREGSON LANE sales from March 2003 and March 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 March 2003 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the March 2014 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 242 GREGSON LANE?

242 GREGSON LANE is 106m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses in Gregson Lane, based on EPC data. The below chart shows the distribution of detached houses by size in Gregson Lane, and where 242 GREGSON LANE lies on this distribution: 45% of detached houses are smaller than 242 GREGSON LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Gregson Lane.

242 GREGSON LANE: Plot and Title Map

242 GREGSON LANE sits on a plot of roughly 0.775 of an acre, or 3,136m². The below map shows the location of 242 GREGSON 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 242 GREGSON 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 242 GREGSON LANE?

242 GREGSON LANE is located in HOGHTON, in the PR5 postcode district. The below map shows the position of No. 242 on GREGSON LANE.