45, DOUGLAS LANE, GRIMSARGH, PRESTON, PR2 5JB - £138,000

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

45 DOUGLAS LANE is a very small detached house of 51m², built sometime between 1996 and 2002. It was last sold for £138,000 in August 2018, which was around 40% below the average August 2018 detached price in the Preston local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

45 DOUGLAS LANE Sold Prices

Land registry data shows three sales for 45 DOUGLAS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 45 DOUGLAS 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
2018 2 AUG	£138,000	£230,293	40% below HPI
2013 4 JAN	£124,995	£204,666	39% below HPI
2005 16 DEC	£133,950	£207,982	36% below HPI

45 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 three 45 DOUGLAS LANE sales between December 2005 and August 2018 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 January 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 45 DOUGLAS LANE?

45 DOUGLAS LANE is 51m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsargh, and where 45 DOUGLAS LANE lies on this distribution: 2% of detached houses are smaller than 45 DOUGLAS LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

45 DOUGLAS LANE: Plot and Title Map

45 DOUGLAS LANE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 45 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 45 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 45 DOUGLAS LANE?

45 DOUGLAS LANE is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 45 on DOUGLAS LANE.