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
34 WILLIAMS LANE is a midsized extended detached house of 106m², built sometime between 1996 and 2002. It was last sold for £285,000 in November 2020, which was around 20% above the average November 2020 detached price in the Preston local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 34 WILLIAMS LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the five 34 WILLIAMS LANE sales were for above 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 6 NOV | £285,000 | £237,060 | 20% above HPI |
2004 25 MAY | £225,000 | £173,086 | 30% above HPI |
2003 27 JUN | £174,000 | £138,728 | 25% above HPI |
2001 10 AUG | £128,000 | £106,319 | 20% above HPI |
1998 11 DEC | £104,500 | £86,963 | 20% above HPI |
The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The five 34 WILLIAMS LANE sales between December 1998 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 May 2004 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2020 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.
34 WILLIAMS LANE is 106m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 34 WILLIAMS LANE lies on this distribution: 51% of detached houses are smaller than 34 WILLIAMS LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Preston.
34 WILLIAMS LANE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 34 WILLIAMS 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 34 WILLIAMS 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.
34 WILLIAMS LANE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 34 on WILLIAMS LANE.