41, DOUGLAS LANE, GRIMSARGH, PRESTON, PR2 5JB - £415,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 DOUGLAS LANE is a very large detached house of 232m², built sometime between 2003 and 2006. It was last sold for £415,000 in September 2017, which was around 80% above the average September 2017 detached price in the Preston local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

41 DOUGLAS LANE Sold Prices

Land registry data shows two sales for 41 DOUGLAS 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. Both of the two 41 DOUGLAS 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
2017 8 SEP	£415,000	£229,919	80% above HPI
2006 20 DEC	£429,995	£223,576	92% above HPI

41 DOUGLAS 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 41 DOUGLAS LANE sales from December 2006 and September 2017 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 December 2006 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the September 2017 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 41 DOUGLAS LANE?

41 DOUGLAS LANE is 232m² according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsargh, and where 41 DOUGLAS LANE lies on this distribution: 88% of detached houses are smaller than 41 DOUGLAS LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

41 DOUGLAS LANE: Plot and Title Map

41 DOUGLAS LANE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 41 DOUGLAS 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 41 DOUGLAS 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 41 DOUGLAS LANE?

41 DOUGLAS LANE is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 41 on DOUGLAS LANE.