182, NEW LANE PACE, BANKS, SOUTHPORT, PR9 8HB - £162,000

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

182 NEW LANE PACE is a small extended detached house of 102m², built sometime between 1900 and 1929. It was last sold for £162,000 in June 2011, which was around 34% below the average June 2011 detached price in the West Lancashire local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was D.

182 NEW LANE PACE Sold Prices

Land registry data shows two sales for 182 NEW LANE PACE 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 182 NEW LANE PACE 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
2011 10 JUN	£162,000	£245,902	34% below HPI
2002 15 MAR	£82,000	£128,940	36% below HPI

182 NEW LANE PACE 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 182 NEW LANE PACE sales from March 2002 and June 2011 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 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2011 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 182 NEW LANE PACE?

182 NEW LANE PACE is 102m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 30% of detached houses in Banks, based on EPC data. The below chart shows the distribution of detached houses by size in Banks, and where 182 NEW LANE PACE lies on this distribution: 23% of detached houses are smaller than 182 NEW LANE PACE, and 77% of houses are larger. Note that EPC data is not available for all properties in Banks.

182 NEW LANE PACE: Plot and Title Map

182 NEW LANE PACE sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of 182 NEW LANE PACE, 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 182 NEW LANE PACE). 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 182 NEW LANE PACE?

182 NEW LANE PACE is located in BANKS, in the PR9 postcode district. The below map shows the position of No. 182 on NEW LANE PACE.