17, NEW CUT LANE, SOUTHPORT, PR8 3DN - £245,000

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

17 NEW CUT LANE is a small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £245,000 in July 2019, which was around 15% below the average July 2019 detached price in the West Lancashire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was A.

17 NEW CUT LANE Sold Prices

Land registry data shows two sales for 17 NEW CUT 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 West Lancashire local authority area for the corresponding sale date. Both of the two 17 NEW CUT 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 30 JUL	£245,000	£286,716	15% below HPI
2013 2 OCT	£145,000	£242,869	40% below HPI

17 NEW CUT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 17 NEW CUT LANE sales from October 2013 and July 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 October 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 17 NEW CUT LANE?

17 NEW CUT LANE is 119m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses in Southport, based on EPC data. The below chart shows the distribution of detached houses by size in Southport, and where 17 NEW CUT LANE lies on this distribution: 39% of detached houses are smaller than 17 NEW CUT LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Southport.

17 NEW CUT LANE: Plot and Title Map

17 NEW CUT LANE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 17 NEW CUT 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 17 NEW CUT 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 17 NEW CUT LANE?

17 NEW CUT LANE is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 17 on NEW CUT LANE.