7, STATION LANE, SCORTON, PRESTON, PR3 1AP - £175,000

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.

7 STATION LANE is a very small extended terraced house of 56m², built sometime before 1900, which could now be worth an estimated £231,697. It was last sold for £175,000 in August 2014, which was around 71% above the average August 2014 terraced price in the Wyre local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

7 STATION LANE Sold Prices

Land registry data shows three sales for 7 STATION 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 Wyre local authority area for the corresponding sale date. All of the three 7 STATION 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
2014 8 AUG	£175,000	£102,139	71% above HPI
2010 19 APR	£167,000	£106,602	57% above HPI
2005 2 DEC	£167,000	£105,522	58% above HPI

7 STATION LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wyre local authority area over time, sourced from the HPI. The three 7 STATION LANE sales between December 2005 and August 2014 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 April 2010 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2014 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 7 STATION LANE be worth now?

7 STATION LANE might now be worth an estimated £231,697.

This is based on house price inflation of 32.4%, between August 2014 and June 2025, for terraced houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.4% inflationary increase is applied to the most recent sale price for 7 STATION LANE of £175,000 on 8th August 2014. For the value to have increased from £175,000 to £231,697 over the eleven years and two months to June 2025, the following assumptions must hold true:

• The value of 7 STATION LANE has moved in line with the HPI for terraced houses in the Wyre local authority area.
• The August 2014 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STATION LANE has not materially changed since August 2014.

How Large is 7 STATION LANE?

7 STATION LANE is 56m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of terraced houses houses in Scorton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Scorton, and where 7 STATION LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 7 STATION LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Scorton.

7 STATION LANE: Plot and Title Map

7 STATION LANE sits on a plot of roughly 0.011 of an acre, or 46m². The below map shows the location of 7 STATION 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 7 STATION 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 7 STATION LANE?

7 STATION LANE is located in SCORTON, in the PR3 postcode district. The below map shows the position of No. 7 on STATION LANE.