289, GREGSON LANE, HOGHTON, PRESTON, PR5 0DP - £160,000

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.

289 GREGSON LANE is a small extended terraced house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £197,583. It was last sold for £160,000 in November 2020, which was around 26% above the average November 2020 terraced price in the South Ribble local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

289 GREGSON LANE Sold Prices

Land registry data shows three sales for 289 GREGSON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Ribble local authority area for the corresponding sale date. All of the three 289 GREGSON LANE sales were 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
2020 27 NOV	£160,000	£126,875	26% above HPI
2012 22 OCT	£132,000	£101,823	30% above HPI
2003 27 JUN	£95,000	£68,962	38% above HPI

289 GREGSON LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Ribble local authority area over time, sourced from the HPI. The three 289 GREGSON LANE sales between June 2003 and November 2020 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 October 2012 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 289 GREGSON LANE be worth now?

289 GREGSON LANE might now be worth an estimated £197,583.

This is based on house price inflation of 23.5%, between November 2020 and June 2025, for terraced houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for 289 GREGSON LANE of £160,000 on 27th November 2020. For the value to have increased from £160,000 to £197,583 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 289 GREGSON LANE has moved in line with the HPI for terraced houses in the South Ribble local authority area.
• The November 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 289 GREGSON LANE has not materially changed since November 2020.

How Large is 289 GREGSON LANE?

289 GREGSON LANE is 89m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of terraced houses houses in Gregson Lane, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gregson Lane, and where 289 GREGSON LANE lies on this distribution: 31% of terraced houses houses are smaller than 289 GREGSON LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Gregson Lane.

289 GREGSON LANE: Plot and Title Map

289 GREGSON LANE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 289 GREGSON 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 289 GREGSON 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 289 GREGSON LANE?

289 GREGSON LANE is located in HOGHTON, in the PR5 postcode district. The below map shows the position of No. 289 on GREGSON LANE.