26, MILL LANE, FULWOOD, PRESTON, PR2 3HD - £248,000

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

26 MILL LANE is a large detached house of 134m², built sometime between 1976 and 1982. It was last sold for £248,000 in June 2023, which was around 11% below the average June 2023 detached price in the Preston local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

26 MILL LANE Sold Prices

Land registry data shows two sales for 26 MILL 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. Both of the two 26 MILL 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
2023 19 JUN	£248,000	£278,256	11% below HPI
2007 30 MAR	£189,950	£229,394	17% below HPI

26 MILL 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 26 MILL LANE sales from March 2007 and June 2023 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 26 MILL LANE?

26 MILL LANE is 134m² according to the EPC inspection conducted in May 2023. This puts it in the largest 40% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 26 MILL LANE lies on this distribution: 66% of detached houses are smaller than 26 MILL LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

26 MILL LANE: Plot and Title Map

26 MILL LANE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 26 MILL 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 26 MILL 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 26 MILL LANE?

26 MILL LANE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 26 on MILL LANE.