21, SCHOOL LANE, LOSTOCK HALL, PRESTON, PR5 5JS - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 SCHOOL LANE is a large detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £337,928. It was last sold for £230,000 in September 2015, which was around 4% above the average September 2015 detached price in the South Ribble local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

21 SCHOOL LANE Sold Prices

Land registry data shows two sales for 21 SCHOOL 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 South Ribble local authority area for the corresponding sale date. Both of the two 21 SCHOOL LANE sales were 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
2015 4 SEP	£230,000	£220,344	4% above HPI
2002 28 FEB	£154,500	£113,401	36% above HPI

21 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 21 SCHOOL LANE sales from February 2002 and September 2015 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 February 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 21 SCHOOL LANE be worth now?

21 SCHOOL LANE might now be worth an estimated £337,928.

This is based on house price inflation of 46.9%, between September 2015 and December 2024, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.9% inflationary increase is applied to the most recent sale price for 21 SCHOOL LANE of £230,000 on 4th September 2015. For the value to have increased from £230,000 to £337,928 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 21 SCHOOL LANE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The September 2015 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 21 SCHOOL LANE has not materially changed since September 2015.

How Large is 21 SCHOOL LANE?

21 SCHOOL LANE is 134m² according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses houses in Farington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farington, and where 21 SCHOOL LANE lies on this distribution: 73% of detached houses houses are smaller than 21 SCHOOL LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Farington.

21 SCHOOL LANE: Plot and Title Map

21 SCHOOL LANE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 21 SCHOOL 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 21 SCHOOL 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 21 SCHOOL LANE?

21 SCHOOL LANE is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 21 on SCHOOL LANE.