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
47 GRAPE LANE is a very small detached house of 69m², built sometime before 1900. It was last sold for £235,000 in September 2021, which was around 23% below the average September 2021 detached price in the Chorley local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 47 GRAPE LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the four 47 GRAPE 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 |
---|---|---|---|
2021 7 SEP | £235,000 | £304,920 | 23% below HPI |
2019 4 JAN | £195,000 | £274,308 | 29% below HPI |
2002 2 SEP | £111,000 | £129,208 | 14% below HPI |
1995 20 DEC | £56,000 | £78,275 | 28% below HPI |
The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The four 47 GRAPE LANE sales between December 1995 and September 2021 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 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
47 GRAPE LANE is 69m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Croston, based on EPC data. The below chart shows the distribution of detached houses by size in Croston, and where 47 GRAPE LANE lies on this distribution: 3% of detached houses are smaller than 47 GRAPE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Croston.
47 GRAPE LANE sits on a plot of roughly 0.010 of an acre, or 40m². The below map shows the location of 47 GRAPE 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 47 GRAPE 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.
47 GRAPE LANE is located in CROSTON, in the PR26 postcode district. The below map shows the position of No. 47 on GRAPE LANE.