16, SPRING MEADOW, LEYLAND, PR25 5UR - £132,500

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 SPRING MEADOW is a very large detached house of 180m², built sometime between 1991 and 1995. It was last sold for £132,500 in December 2016, which was around 45% below the average December 2016 detached price in the Chorley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

16 SPRING MEADOW Sold Prices

Land registry data shows three sales for 16 SPRING MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 16 SPRING MEADOW 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
2016 12 DEC	£132,500	£241,088	45% below HPI
2016 12 MAY	£160,000	£239,065	33% below HPI
1999 13 JUL	£57,000	£92,737	39% below HPI

16 SPRING MEADOW 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 three 16 SPRING MEADOW sales between July 1999 and December 2016 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 May 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2016 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 16 SPRING MEADOW?

16 SPRING MEADOW is 180m² according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses by size in Leyland, and where 16 SPRING MEADOW lies on this distribution: 93% of detached houses are smaller than 16 SPRING MEADOW, and 7% of houses are larger. Note that EPC data is not available for all properties in Leyland.

16 SPRING MEADOW: Plot and Title Map

16 SPRING MEADOW sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 16 SPRING MEADOW, 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 SPRING MEADOW). 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 16 SPRING MEADOW?

16 SPRING MEADOW is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 16 on SPRING MEADOW.