2B, GRAVEL LANE, BANKS, SOUTHPORT, PR9 8BN - £407,500

2B GRAVEL LANE is a very large detached house of 251m², built sometime between 1983 and 1990. It was last sold for £407,500 in November 2011, which was around 64% above the average November 2011 detached price in the West Lancashire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

2B GRAVEL LANE Sold Prices

Land registry data shows two sales for 2B GRAVEL 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 2B GRAVEL 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
2011 11 NOV	£407,500	£249,119	64% above HPI
2000 1 SEP	£130,000	£112,933	15% above HPI

2B GRAVEL 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 2B GRAVEL LANE sales from September 2000 and November 2011 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 September 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2011 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 2B GRAVEL LANE?

2B GRAVEL LANE is 251m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Banks, based on EPC data. The below chart shows the distribution of detached houses by size in Banks, and where 2B GRAVEL LANE lies on this distribution: 97% of detached houses are smaller than 2B GRAVEL LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Banks.

2B GRAVEL LANE: Plot and Title Map

2B GRAVEL LANE sits on a plot of roughly 0.538 of an acre, or 2,178m². The below map shows the location of 2B GRAVEL 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 2B GRAVEL 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 2B GRAVEL LANE?

2B GRAVEL LANE is located in BANKS, in the PR9 postcode district. The below map shows the position of No. 2B on GRAVEL LANE.