37, GAMULL LANE, RIBBLETON, PRESTON, PR2 6SJ - £107,000

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.

37 GAMULL LANE is a very small terraced house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £142,823. It was last sold for £107,000 in August 2020, which was around 2% above the average August 2020 terraced price in the Preston local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

37 GAMULL LANE Sold Prices

Land registry data shows three sales for 37 GAMULL 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 Preston local authority area for the corresponding sale date. The three 37 GAMULL LANE sales were a mix of above the average price, roughly equal to the average price, and 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
2020 13 AUG	£107,000	£105,031	2% above HPI
2016 29 MAY	£99,000	£99,320	Close to HPI
2007 26 NOV	£104,000	£113,831	9% below HPI

37 GAMULL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Preston local authority area over time, sourced from the HPI. The three 37 GAMULL LANE sales between November 2007 and August 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 May 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 37 GAMULL LANE be worth now?

37 GAMULL LANE might now be worth an estimated £142,823.

This is based on house price inflation of 33.5%, between August 2020 and August 2025, for terraced houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for 37 GAMULL LANE of £107,000 on 13th August 2020. For the value to have increased from £107,000 to £142,823 over the five years to August 2025, the following assumptions must hold true:

• The value of 37 GAMULL LANE has moved in line with the HPI for terraced houses in the Preston local authority area.
• The August 2020 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 37 GAMULL LANE has not materially changed since August 2020.

How Large is 37 GAMULL LANE?

37 GAMULL LANE is 79m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of terraced houses houses in Preston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Preston, and where 37 GAMULL LANE lies on this distribution: 18% of terraced houses houses are smaller than 37 GAMULL LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Preston.

37 GAMULL LANE: Plot and Title Map

37 GAMULL LANE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 37 GAMULL 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 37 GAMULL 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 37 GAMULL LANE?

37 GAMULL LANE is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 37 on GAMULL LANE.