121, MARSH LANE, LONGTON, PRESTON, PR4 5YL - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

121 MARSH LANE is a large extended detached house of 174m², built sometime between 2003 and 2006. It was last sold for £400,000 in January 2021, which was around 50% above the average January 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was C.

121 MARSH LANE Sold Prices

Land registry data shows two sales for 121 MARSH 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. One of the two 121 MARSH LANE sales was for above the average price, whilst the other was 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
2021 28 JAN	£400,000	£266,570	50% above HPI
2001 30 NOV	£45,000	£111,577	60% below HPI

121 MARSH 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 121 MARSH LANE sales from November 2001 and January 2021 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 November 2001 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the January 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 121 MARSH LANE?

121 MARSH LANE is 174m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 30% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 121 MARSH LANE lies on this distribution: 78% of detached houses are smaller than 121 MARSH LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Longton.

121 MARSH LANE: Plot and Title Map

121 MARSH LANE sits on a plot of roughly 0.288 of an acre, or 1,164m². The below map shows the location of 121 MARSH 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 121 MARSH 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 121 MARSH LANE?

121 MARSH LANE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 121 on MARSH LANE.