62B, LANCASTER ROAD, GARSTANG, PRESTON, PR3 1JA - £250,000

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

62B LANCASTER ROAD is a very large detached house of 224m², built sometime between 1991 and 1995. It was last sold for £250,000 in June 2015, which was around 22% above the average June 2015 detached price in the Wyre local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

62B LANCASTER ROAD Sold Prices

Land registry data shows three sales for 62B LANCASTER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three 62B LANCASTER ROAD 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
2015 11 JUN	£250,000	£205,244	22% above HPI
1997 12 DEC	£95,950	£85,411	12% above HPI
1995 14 AUG	£98,000	£79,470	23% above HPI

62B LANCASTER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The three 62B LANCASTER ROAD sales between August 1995 and June 2015 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 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 62B LANCASTER ROAD?

62B LANCASTER ROAD is 224m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses by size in Garstang, and where 62B LANCASTER ROAD lies on this distribution: 97% of detached houses are smaller than 62B LANCASTER ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Garstang.

62B LANCASTER ROAD: Plot and Title Map

62B LANCASTER ROAD sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 62B LANCASTER ROAD, 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 62B LANCASTER ROAD). 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 62B LANCASTER ROAD?

62B LANCASTER ROAD is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 62B on LANCASTER ROAD.