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
16 HEATHEY LANE is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £250,000 in July 2018, which was around 13% below the average July 2018 detached price in the West Lancashire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 16 HEATHEY LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Two of the three 16 HEATHEY LANE sales were for below the average price, whilst one was for above 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 |
---|---|---|---|
2018 12 JUL | £250,000 | £287,731 | 13% below HPI |
2002 20 DEC | £170,000 | £149,419 | 14% above HPI |
1999 18 JAN | £90,000 | £101,334 | 11% below HPI |
The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 16 HEATHEY LANE sales between January 1999 and July 2018 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 2002 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
16 HEATHEY LANE is 96m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Shirdley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Shirdley Hill, and where 16 HEATHEY LANE lies on this distribution: 21% of detached houses are smaller than 16 HEATHEY LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Shirdley Hill.
16 HEATHEY LANE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 16 HEATHEY 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 16 HEATHEY 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.
16 HEATHEY LANE is located in SHIRDLEY HILL, in the L39 postcode district. The below map shows the position of No. 16 on HEATHEY LANE.