2, GARDEN LANE, PENWORTHAM, PRESTON, PR1 9AF - £220,000

2 GARDEN LANE is a small detached house of 98m². It was last sold for £220,000 in January 2018, which was around 10% below the average January 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

2 GARDEN LANE Sold Prices

Land registry data shows four sales for 2 GARDEN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the four 2 GARDEN 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 24 JAN	£220,000	£244,665	10% below HPI
2016 6 JUL	£216,000	£237,986	9% below HPI
2016 10 JUN	£216,000	£239,353	10% below HPI
2016 5 FEB	£190,000	£229,554	17% below HPI

2 GARDEN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The four 2 GARDEN LANE sales between February 2016 and January 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 July 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 GARDEN LANE?

2 GARDEN LANE is 98m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bamber Bridge, and where 2 GARDEN LANE lies on this distribution: 40% of detached houses are smaller than 2 GARDEN LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

2 GARDEN LANE: Plot and Title Map

2 GARDEN LANE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 2 GARDEN 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 2 GARDEN 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 2 GARDEN LANE?

2 GARDEN LANE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 2 on GARDEN LANE.