25, THE GRAVEL, MERE BROW, PRESTON, PR4 6JX - £270,000

25 THE GRAVEL is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £270,000 in December 2019, which was around 6% below the average December 2019 detached price in the West Lancashire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

25 THE GRAVEL Sold Prices

Land registry data shows two sales for 25 THE GRAVEL 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. One of the two 25 THE GRAVEL sales was for below the average price, whilst the other 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
2019 20 DEC	£270,000	£288,196	6% below HPI
1999 10 DEC	£113,500	£106,074	7% above HPI

25 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 two 25 THE GRAVEL sales from December 1999 and December 2019 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 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 25 THE GRAVEL?

25 THE GRAVEL is 94m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 25 THE GRAVEL lies on this distribution: 23% of detached houses are smaller than 25 THE GRAVEL, and 77% of houses are larger. Note that EPC data is not available for all properties in Mere Brow.

25 THE GRAVEL: Plot and Title Map

25 THE GRAVEL sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 25 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 25 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 25 THE GRAVEL?

25 THE GRAVEL is located in MERE BROW, in the PR4 postcode district. The below map shows the position of No. 25 on THE GRAVEL.