94, THE GRAVEL, MERE BROW, PRESTON, PR4 6JX - £300,000

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

94 THE GRAVEL is a large extended detached house of 151m², built sometime between 1976 and 1982. It was last sold for £300,000 in May 2024, which was around 17% below the average May 2024 detached price in the West Lancashire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

94 THE GRAVEL Sold Prices

Land registry data shows three sales for 94 THE GRAVEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 94 THE GRAVEL 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
2024 24 MAY	£300,000	£362,791	17% below HPI
2019 28 MAR	£173,000	£286,174	40% below HPI
2008 20 FEB	£245,000	£252,086	3% below HPI

94 THE GRAVEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 94 THE GRAVEL sales between February 2008 and May 2024 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 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 94 THE GRAVEL?

94 THE GRAVEL is 151m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 40% of detached houses in Mere Brow, based on EPC data. The below chart shows the distribution of detached houses by size in Mere Brow, and where 94 THE GRAVEL lies on this distribution: 62% of detached houses are smaller than 94 THE GRAVEL, and 38% of houses are larger. Note that EPC data is not available for all properties in Mere Brow.

94 THE GRAVEL: Plot and Title Map

94 THE GRAVEL sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 94 THE GRAVEL, 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 94 THE GRAVEL). 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 94 THE GRAVEL?

94 THE GRAVEL is located in MERE BROW, in the PR4 postcode district. The below map shows the position of No. 94 on THE GRAVEL.