294, TAG LANE, INGOL, PRESTON, PR2 3UY - £245,000

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

294 TAG LANE is a very large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £245,000 in June 2019, which was around 9% above the average June 2019 detached price in the Preston local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

294 TAG LANE Sold Prices

Land registry data shows two sales for 294 TAG 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. One of the two 294 TAG LANE sales was for above the average price, whilst the other was 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
2019 21 JUN	£245,000	£224,709	9% above HPI
2014 9 MAY	£148,500	£205,718	28% below HPI

294 TAG 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 294 TAG LANE sales from May 2014 and June 2019 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 May 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 294 TAG LANE?

294 TAG LANE is 157m², which includes three extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 294 TAG LANE lies on this distribution: 80% of detached houses are smaller than 294 TAG LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

294 TAG LANE: Plot and Title Map

294 TAG LANE sits on a plot of roughly 0.225 of an acre, or 910m². The below map shows the location of 294 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 294 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.

Where is 294 TAG LANE?

294 TAG LANE is located in INGOL, in the PR2 postcode district. The below map shows the position of No. 294 on TAG LANE.