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
279 GREGSON LANE is a midsized detached house of 109m², built sometime between 1950 and 1966. It was last sold for £225,000 in October 2021, which was around 23% 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.
Land registry data shows three sales for 279 GREGSON LANE since 1st 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 | £292,290 | 23% below HPI |
2017 6 NOV | £190,000 | £247,150 | 23% below HPI |
2009 18 DEC | £160,000 | £215,812 | 26% below HPI |
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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2021 sale, which was also at 23% below the HPI.
279 GREGSON LANE is 109m² according to the EPC inspection conducted in May 2017. 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 279 GREGSON LANE lies on this distribution: 48% of detached 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 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.
279 GREGSON LANE is located in HOGHTON, in the PR5 postcode district. The below map shows the position of No. 279 on GREGSON LANE.