1, TOWER LANE, FULWOOD, PRESTON, PR2 9HP - £168,000

1 TOWER LANE is a small extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £168,000 in September 2012, which was around 23% below the average September 2012 detached price in the Preston local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

1 TOWER LANE Sold Prices

Land registry data shows three sales for 1 TOWER 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. Two of the three 1 TOWER LANE sales were for below the average price, whilst one was 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
2012 5 SEP	£168,000	£217,037	23% below HPI
2002 6 DEC	£139,500	£128,115	9% above HPI
1996 19 JAN	£70,000	£78,372	11% below HPI

1 TOWER 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 1 TOWER LANE sales between January 1996 and September 2012 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 2002 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2012 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 TOWER LANE?

1 TOWER LANE is 108m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 1 TOWER LANE lies on this distribution: 38% of detached houses are smaller than 1 TOWER LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

1 TOWER LANE: Plot and Title Map

1 TOWER LANE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 1 TOWER 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 1 TOWER 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 1 TOWER LANE?

1 TOWER LANE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 1 on TOWER LANE.