87, DOUGLAS LANE, GRIMSARGH, PRESTON, PR2 5JB - £360,000

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.

87 DOUGLAS LANE is a large detached house of 193m², built sometime between 2003 and 2006, which could now be worth an estimated £543,741. It was last sold for £360,000 in March 2011, which was around 68% above the average March 2011 detached price in the Preston local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

87 DOUGLAS LANE Sold Prices

Land registry data shows two sales for 87 DOUGLAS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 87 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
2011 4 MAR	£360,000	£214,408	68% above HPI
2005 28 APR	£344,950	£220,528	56% above HPI

87 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 two 87 DOUGLAS LANE sales from April 2005 and March 2011 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 April 2005 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2011 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 87 DOUGLAS LANE be worth now?

87 DOUGLAS LANE might now be worth an estimated £543,741.

This is based on house price inflation of 51%, between March 2011 and March 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 51% inflationary increase is applied to the most recent sale price for 87 DOUGLAS LANE of £360,000 on 4th March 2011. For the value to have increased from £360,000 to £543,741 over the fourteen years to March 2025, the following assumptions must hold true:

• The value of 87 DOUGLAS LANE has moved in line with the HPI for detached houses in the Preston local authority area.
• The March 2011 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 87 DOUGLAS LANE has not materially changed since March 2011.

How Large is 87 DOUGLAS LANE?

87 DOUGLAS LANE is 193m² according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsargh, and where 87 DOUGLAS LANE lies on this distribution: 77% of detached houses houses are smaller than 87 DOUGLAS LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

87 DOUGLAS LANE: Plot and Title Map

87 DOUGLAS LANE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 87 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 87 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 87 DOUGLAS LANE?

87 DOUGLAS LANE is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 87 on DOUGLAS LANE.