47, THE GRAVEL, MERE BROW, PRESTON, PR4 6JX - £390,000

47 THE GRAVEL is a very large detached house of 167m², built sometime between 1900 and 1929. It was last sold for £390,000 in May 2020, which was around 34% above the average May 2020 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

47 THE GRAVEL Sold Prices

Land registry data shows two sales for 47 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. Both of the two 47 THE GRAVEL 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 MAY	£390,000	£291,978	34% above HPI
2018 16 OCT	£412,000	£296,825	39% above HPI

47 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 47 THE GRAVEL sales from October 2018 and May 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 2018 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 47 THE GRAVEL?

47 THE GRAVEL is 167m² according to the EPC inspection conducted in April 2018. This puts it in the largest 20% 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 47 THE GRAVEL lies on this distribution: 82% of detached houses are smaller than 47 THE GRAVEL, and 18% of houses are larger. Note that EPC data is not available for all properties in Mere Brow.

47 THE GRAVEL: Plot and Title Map

47 THE GRAVEL sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 47 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 47 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 47 THE GRAVEL?

47 THE GRAVEL is located in MERE BROW, in the PR4 postcode district. The below map shows the position of No. 47 on THE GRAVEL.