55, DOUGLAS LANE, GRIMSARGH, PRESTON, PR2 5JB - £225,000

55 DOUGLAS LANE is a small extended detached house of 106m², built sometime between 1996 and 2002. It was last sold for £225,000 in June 2018, which was around 1% below the average June 2018 detached price in the Preston local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was A.

55 DOUGLAS LANE Sold Prices

Land registry data shows three sales for 55 DOUGLAS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Two of the three 55 DOUGLAS LANE sales were for below the average price, whilst one was 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
2018 29 JUN	£225,000	£227,756	1% below HPI
2007 29 JUN	£249,950	£234,642	7% above HPI
2004 16 JUN	£164,950	£181,014	9% below HPI

55 DOUGLAS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The three 55 DOUGLAS LANE sales between June 2004 and June 2018 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 June 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 55 DOUGLAS LANE?

55 DOUGLAS LANE is 106m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsargh, and where 55 DOUGLAS LANE lies on this distribution: 23% of detached houses are smaller than 55 DOUGLAS LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

55 DOUGLAS LANE: Plot and Title Map

55 DOUGLAS LANE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 55 DOUGLAS 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 55 DOUGLAS 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 55 DOUGLAS LANE?

55 DOUGLAS LANE is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 55 on DOUGLAS LANE.