Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
15 BACK LANE is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £206,000 in February 2019, which was around 20% below the average February 2019 detached price in the South Ribble local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 15 BACK LANE since 1st 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 15 BACK 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 |
---|---|---|---|
2019 1 FEB | £206,000 | £257,606 | 20% below HPI |
1998 23 MAR | £84,500 | £88,181 | 4% below HPI |
The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 15 BACK LANE sales from March 1998 and February 2019 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 March 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
15 BACK LANE is 88m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 15 BACK LANE lies on this distribution: 15% of detached houses are smaller than 15 BACK LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Longton.
15 BACK LANE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 15 BACK 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 15 BACK 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.
15 BACK LANE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 15 on BACK LANE.