17, GORSE LANE, TARLETON, PRESTON, PR4 6UJ - £198,000

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.

17 GORSE LANE is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £281,041. It was last sold for £198,000 in May 2018, which was around 27% below the average May 2018 detached price in the West Lancashire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

17 GORSE LANE Sold Prices

Land registry data shows three sales for 17 GORSE 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 West Lancashire local authority area for the corresponding sale date. All of the three 17 GORSE 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
2018 30 MAY	£198,000	£270,450	27% below HPI
2015 17 APR	£202,500	£249,455	19% below HPI
2002 20 SEP	£135,000	£138,197	2% below HPI

17 GORSE LANE 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 17 GORSE LANE sales between September 2002 and May 2018 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 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 17 GORSE LANE be worth now?

17 GORSE LANE might now be worth an estimated £281,041.

This is based on house price inflation of 41.9%, between May 2018 and April 2026, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.9% inflationary increase is applied to the most recent sale price for 17 GORSE LANE of £198,000 on 30th May 2018. For the value to have increased from £198,000 to £281,041 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 17 GORSE LANE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The May 2018 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GORSE LANE has not materially changed since May 2018.

How Large is 17 GORSE LANE?

17 GORSE LANE is 78m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses houses in Tarleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tarleton, and where 17 GORSE LANE lies on this distribution: 7% of detached houses houses are smaller than 17 GORSE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

17 GORSE LANE: Plot and Title Map

17 GORSE LANE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 17 GORSE 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 17 GORSE 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 17 GORSE LANE?

17 GORSE LANE is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 17 on GORSE LANE.