1B, MILL LANE, HESKETH BANK, PRESTON, PR4 6RA - £205,000

1B MILL LANE is a large extended detached house of 158m², built sometime between 1976 and 1982. It was last sold for £205,000 in July 2021, which was around 36% below the average July 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

1B MILL LANE Sold Prices

Land registry data shows two sales for 1B MILL 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 West Lancashire local authority area for the corresponding sale date. Both of the two 1B MILL 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
2021 28 JUL	£205,000	£320,721	36% below HPI
2002 17 JUL	£109,500	£133,985	18% below HPI

1B MILL 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 two 1B MILL LANE sales from July 2002 and July 2021 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 July 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1B MILL LANE?

1B MILL LANE is 158m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Becconsall, based on EPC data. The below chart shows the distribution of detached houses by size in Becconsall, and where 1B MILL LANE lies on this distribution: 78% of detached houses are smaller than 1B MILL LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Becconsall.

1B MILL LANE: Plot and Title Map

1B MILL LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 1B MILL 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 1B MILL 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 1B MILL LANE?

1B MILL LANE is located in HESKETH BANK, in the PR4 postcode district. The below map shows the position of No. 1B on MILL LANE.