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

83 BANKHEAD LANE is a large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £295,000 in October 2022, which was around 7% 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	£316,803	7% below HPI
2014 16 JUN	£179,000	£217,892	18% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

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 in Gregson Lane, based on EPC data. The below chart shows the distribution of detached houses by size in Gregson Lane, and where 83 BANKHEAD LANE lies on this distribution: 66% of detached 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.