3, MERE BROW LANE, MERE BROW, PRESTON, PR4 6JP - £347,000

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

3 MERE BROW LANE is a very large detached house of 176m². It was last sold for £347,000 in November 2020, which was around 19% above the average November 2020 detached price in the West Lancashire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was A.

3 MERE BROW LANE Sold Prices

Land registry data shows two sales for 3 MERE BROW 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 West Lancashire local authority area for the corresponding sale date. One of the two 3 MERE BROW 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
2020 11 NOV	£347,000	£291,694	19% above HPI
2017 21 APR	£180,000	£262,819	32% below HPI

3 MERE BROW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 3 MERE BROW LANE sales from April 2017 and November 2020 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 April 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 3 MERE BROW LANE?

3 MERE BROW LANE is 176m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Mere Brow, based on EPC data. The below chart shows the distribution of detached houses by size in Mere Brow, and where 3 MERE BROW LANE lies on this distribution: 85% of detached houses are smaller than 3 MERE BROW LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Mere Brow.

3 MERE BROW LANE: Plot and Title Map

3 MERE BROW LANE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 3 MERE BROW 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 3 MERE BROW 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 3 MERE BROW LANE?

3 MERE BROW LANE is located in MERE BROW, in the PR4 postcode district. The below map shows the position of No. 3 on MERE BROW LANE.