8, CHURCH LANE, GOOSNARGH, PRESTON, PR3 2BE - £282,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CHURCH LANE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £299,586. It was last sold for £282,500 in October 2023, which was around 9% below the average October 2023 detached price in the Preston local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

8 CHURCH LANE Sold Prices

Land registry data shows three sales for 8 CHURCH 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 8 CHURCH 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
2023 23 OCT	£282,500	£309,827	9% below HPI
2020 14 OCT	£181,300	£254,821	29% below HPI
2010 15 OCT	£157,500	£226,966	31% below HPI

8 CHURCH 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 8 CHURCH LANE sales between October 2010 and October 2023 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 October 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 8 CHURCH LANE be worth now?

8 CHURCH LANE might now be worth an estimated £299,586.

This is based on house price inflation of 6%, between October 2023 and February 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6% inflationary increase is applied to the most recent sale price for 8 CHURCH LANE of £282,500 on 23rd October 2023. For the value to have increased from £282,500 to £299,586 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 CHURCH LANE has moved in line with the HPI for detached houses in the Preston local authority area.
• The October 2023 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CHURCH LANE has not materially changed since October 2023.

How Large is 8 CHURCH LANE?

8 CHURCH LANE is 84m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Goosnargh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goosnargh, and where 8 CHURCH LANE lies on this distribution: 10% of detached houses houses are smaller than 8 CHURCH LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Goosnargh.

8 CHURCH LANE: Plot and Title Map

8 CHURCH LANE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 8 CHURCH 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 8 CHURCH 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 8 CHURCH LANE?

8 CHURCH LANE is located in GOOSNARGH, in the PR3 postcode district. The below map shows the position of No. 8 on CHURCH LANE.