140, CHAPEL LANE, LONGTON, PRESTON, PR4 5FB - £420,000

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.

140 CHAPEL LANE is a small extended detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £510,605. It was last sold for £420,000 in June 2021, which was around 58% above the average June 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

140 CHAPEL LANE Sold Prices

Land registry data shows two sales for 140 CHAPEL 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 140 CHAPEL 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 30 JUN	£420,000	£266,408	58% above HPI
2013 22 NOV	£195,000	£216,669	10% below HPI

140 CHAPEL 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 140 CHAPEL LANE sales from November 2013 and June 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 140 CHAPEL LANE be worth now?

140 CHAPEL LANE might now be worth an estimated £510,605.

This is based on house price inflation of 21.6%, between June 2021 and February 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 21.6% inflationary increase is applied to the most recent sale price for 140 CHAPEL LANE of £420,000 on 30th June 2021. For the value to have increased from £420,000 to £510,605 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 140 CHAPEL LANE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The June 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 140 CHAPEL LANE has not materially changed since June 2021.

How Large is 140 CHAPEL LANE?

140 CHAPEL LANE is 96m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses houses in Longton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longton, and where 140 CHAPEL LANE lies on this distribution: 21% of detached houses houses are smaller than 140 CHAPEL LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Longton.

140 CHAPEL LANE: Plot and Title Map

140 CHAPEL LANE sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 140 CHAPEL 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 140 CHAPEL 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 140 CHAPEL LANE?

140 CHAPEL LANE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 140 on CHAPEL LANE.