4, FLAG LANE, PENWORTHAM, PRESTON, PR1 9TQ - £249,950

4 FLAG LANE is a very large detached house of 169m², built sometime between 1996 and 2002. It was last sold for £249,950 in September 2012, which was around 20% above the average September 2012 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

4 FLAG LANE Sold Prices

Land registry data shows four sales for 4 FLAG 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. two of the four 4 FLAG LANE sales were for above the average price, and four 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
2012 28 SEP	£249,950	£208,970	20% above HPI
2007 23 NOV	£231,500	£245,325	6% below HPI
2002 17 DEC	£160,000	£139,799	14% above HPI
2000 5 MAY	£41,000	£96,627	58% below HPI

4 FLAG 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 4 FLAG LANE sales between May 2000 and September 2012 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 November 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2012 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 4 FLAG LANE?

4 FLAG LANE is 169m² according to the EPC inspection conducted in May 2012. This puts it in the largest 10% 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 4 FLAG LANE lies on this distribution: 96% of detached houses are smaller than 4 FLAG LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

4 FLAG LANE: Plot and Title Map

4 FLAG LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 4 FLAG 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 4 FLAG 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 4 FLAG LANE?

4 FLAG LANE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 4 on FLAG LANE.