83, BANKHEAD LANE, HOGHTON, PRESTON, PR5 0AB - £295,000

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.

83 BANKHEAD LANE is a large extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £315,087. It was last sold for £295,000 in October 2022, which was around 4% below the average October 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

83 BANKHEAD LANE Sold Prices

Land registry data shows two sales for 83 BANKHEAD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Both of the two 83 BANKHEAD LANE sales 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
2022 31 OCT	£295,000	£307,454	4% below HPI
2014 16 JUN	£179,000	£211,757	15% below HPI

83 BANKHEAD 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 two 83 BANKHEAD LANE sales from June 2014 and October 2022 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 83 BANKHEAD LANE be worth now?

83 BANKHEAD LANE might now be worth an estimated £315,087.

This is based on house price inflation of 6.8%, between October 2022 and August 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.8% inflationary increase is applied to the most recent sale price for 83 BANKHEAD LANE of £295,000 on 31st October 2022. For the value to have increased from £295,000 to £315,087 over the three years and two months to August 2025, the following assumptions must hold true:

• The value of 83 BANKHEAD LANE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The October 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 83 BANKHEAD LANE has not materially changed since October 2022.

How Large is 83 BANKHEAD LANE?

83 BANKHEAD LANE is 131m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses houses in Gregson Lane, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gregson Lane, and where 83 BANKHEAD LANE lies on this distribution: 66% of detached houses houses are smaller than 83 BANKHEAD LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Gregson Lane.

83 BANKHEAD LANE: Plot and Title Map

83 BANKHEAD LANE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 83 BANKHEAD 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 83 BANKHEAD 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 83 BANKHEAD LANE?

83 BANKHEAD LANE is located in HOGHTON, in the PR5 postcode district. The below map shows the position of No. 83 on BANKHEAD LANE.