124, SPENDMORE LANE, COPPULL, CHORLEY, PR7 5BX - £181,100

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.

124 SPENDMORE LANE is a very small extended detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £193,073. It was last sold for £181,100 in June 2022, which was around 41% below the average June 2022 detached price in the Chorley local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

124 SPENDMORE LANE Sold Prices

Land registry data shows two sales for 124 SPENDMORE 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 Chorley local authority area for the corresponding sale date. Both of the two 124 SPENDMORE 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 24 JUN	£181,100	£304,511	41% below HPI
2006 1 DEC	£109,000	£221,617	51% below HPI

124 SPENDMORE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 124 SPENDMORE LANE sales from December 2006 and June 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 December 2006 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the June 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 124 SPENDMORE LANE be worth now?

124 SPENDMORE LANE might now be worth an estimated £193,073.

This is based on house price inflation of 6.6%, between June 2022 and February 2025, for detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.6% inflationary increase is applied to the most recent sale price for 124 SPENDMORE LANE of £181,100 on 24th June 2022. For the value to have increased from £181,100 to £193,073 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 124 SPENDMORE LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The June 2022 sale price of £181,100 represented a fair market value for the property.
• The size, condition, and specification of 124 SPENDMORE LANE has not materially changed since June 2022.

How Large is 124 SPENDMORE LANE?

124 SPENDMORE LANE is 82m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses houses in Coppull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coppull, and where 124 SPENDMORE LANE lies on this distribution: 16% of detached houses houses are smaller than 124 SPENDMORE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Coppull.

124 SPENDMORE LANE: Plot and Title Map

124 SPENDMORE LANE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 124 SPENDMORE 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 124 SPENDMORE 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 124 SPENDMORE LANE?

124 SPENDMORE LANE is located in COPPULL, in the PR7 postcode district. The below map shows the position of No. 124 on SPENDMORE LANE.