22, NEW CUT LANE, SOUTHPORT, PR8 3DW - £205,000

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

22 NEW CUT LANE is a midsized extended detached house of 150m², built sometime between 1950 and 1966. It was last sold for £205,000 in November 2016, which was around 23% below the average November 2016 detached price in the West Lancashire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

22 NEW CUT LANE Sold Prices

Land registry data shows two sales for 22 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 22 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
2016 4 NOV	£205,000	£264,942	23% below HPI
2010 24 FEB	£185,000	£246,676	25% below HPI

22 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 22 NEW CUT LANE sales from February 2010 and November 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 February 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 22 NEW CUT LANE?

22 NEW CUT LANE is 150m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses in Southport, based on EPC data. The below chart shows the distribution of detached houses by size in Southport, and where 22 NEW CUT LANE lies on this distribution: 58% of detached houses are smaller than 22 NEW CUT LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Southport.

22 NEW CUT LANE: Plot and Title Map

22 NEW CUT LANE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 22 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 22 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 22 NEW CUT LANE?

22 NEW CUT LANE is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 22 on NEW CUT LANE.