Banks House Back Lane

    BANKS HOUSE, BACK LANE, CHIPPING, PRESTON, PR3 2QA

    This detached freehold property on Back Lane last sold in June 2021 for £795,000. Based on price growth in the PR3 district since then, its estimated current value is £881,368 — placing it in the 94th percentile nationally and the 99th percentile within PR3. The property covers 211 m² (2,271 sq ft), giving an estimated value of £4,177 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,271 sq ft

    211 m²

    Last Sale Price

    £795,000

    Jun 2021

    Estimated Valuation

    £881,368

    Est. £/sq ft

    £388/sq ft

    £4,177/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageE
    Habitable rooms6
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area2,271 sq ft (211 m²)
    EPC dateDec 2020
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and underfloor heating, oil, Boiler and radiators, oil

    Transaction History

    28 Jun 2021

    £795,000

    18 Sept 2017

    £610,000

    Key Metrics

    Estimated valuation£881,368
    Value per sq ft / m²£388/sq ft (£4,177/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PR3 district percentile99th percentile
    National percentile94th percentile

    District Context — PR3

    PR3 covers the rural areas and villages around Preston in Lancashire, sitting between the city centre and the West Pennine foothills. It is a predominantly suburban and countryside location with strong owner-occupier character and established community appeal.

    Average Property Price - PR3

    £304,368

    43

    National percentile

    Average Net Household Income - PR3

    £37,324

    46

    National percentile

    10-Year Annualised Price Growth - PR3

    2.7%

    19

    National percentile

    10-Year Annualised Rent Growth - PR

    3.5%

    25

    National percentile

    View full analysis for PR3

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