279, GREGSON LANE, HOGHTON, PRESTON, PR5 0DP - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

279 GREGSON LANE is a midsized detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £256,539. It was last sold for £225,000 in October 2021, which was around 21% below the average October 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

279 GREGSON LANE Sold Prices

Land registry data shows three sales for 279 GREGSON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the three 279 GREGSON 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
2021 29 OCT	£225,000	£284,061	21% below HPI
2017 6 NOV	£190,000	£240,192	21% below HPI
2009 18 DEC	£160,000	£209,736	24% below HPI

279 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 three 279 GREGSON LANE sales between December 2009 and October 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 November 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2021 sale, which was also at 21% below the HPI.

What might 279 GREGSON LANE be worth now?

279 GREGSON LANE might now be worth an estimated £256,539.

This is based on house price inflation of 14%, between October 2021 and February 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for 279 GREGSON LANE of £225,000 on 29th October 2021. For the value to have increased from £225,000 to £256,539 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 279 GREGSON LANE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The October 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 279 GREGSON LANE has not materially changed since October 2021.

How Large is 279 GREGSON LANE?

279 GREGSON LANE is 109m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses houses in Gregson Lane, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gregson Lane, and where 279 GREGSON LANE lies on this distribution: 48% of detached houses houses are smaller than 279 GREGSON LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Gregson Lane.

279 GREGSON LANE: Plot and Title Map

279 GREGSON LANE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 279 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 279 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 279 GREGSON LANE?

279 GREGSON LANE is located in HOGHTON, in the PR5 postcode district. The below map shows the position of No. 279 on GREGSON LANE.