54, DOUGLAS LANE, GRIMSARGH, PRESTON, PR2 5JF - £445,000

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

54 DOUGLAS LANE is a large detached house of 183m², built sometime between 2003 and 2006. It was last sold for £445,000 in August 2021, which was around 75% above the average August 2021 detached price in the Preston local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

54 DOUGLAS LANE Sold Prices

Land registry data shows three sales for 54 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 54 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
2021 31 AUG	£445,000	£254,594	75% above HPI
2016 31 MAR	£378,000	£224,790	68% above HPI
2006 7 JUL	£407,995	£218,505	87% above HPI

54 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 54 DOUGLAS LANE sales between July 2006 and August 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 March 2016 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the August 2021 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 54 DOUGLAS LANE?

54 DOUGLAS LANE is 183m² according to the EPC inspection conducted in August 2010. This puts it in the largest 30% of detached houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsargh, and where 54 DOUGLAS LANE lies on this distribution: 71% of detached houses are smaller than 54 DOUGLAS LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

54 DOUGLAS LANE: Plot and Title Map

54 DOUGLAS LANE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 54 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 54 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 54 DOUGLAS LANE?

54 DOUGLAS LANE is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 54 on DOUGLAS LANE.