23, SCHOOL LANE, LOSTOCK HALL, PRESTON, PR5 5JS - £200,000

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

23 SCHOOL LANE is a midsized extended detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £303,835. It was last sold for £200,000 in March 2014, which was around 6% below the average March 2014 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

23 SCHOOL LANE Sold Prices

Land registry data shows four sales for 23 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Most of the four 23 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
2014 28 MAR	£200,000	£213,103	6% below HPI
2005 7 OCT	£215,000	£209,529	3% above HPI
2004 19 FEB	£182,000	£171,442	6% above HPI
2002 28 MAR	£139,500	£113,672	23% above HPI

23 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 four 23 SCHOOL LANE sales between March 2002 and March 2014 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 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 23 SCHOOL LANE be worth now?

23 SCHOOL LANE might now be worth an estimated £303,835.

This is based on house price inflation of 51.9%, between March 2014 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 51.9% inflationary increase is applied to the most recent sale price for 23 SCHOOL LANE of £200,000 on 28th March 2014. For the value to have increased from £200,000 to £303,835 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 23 SCHOOL LANE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The March 2014 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SCHOOL LANE has not materially changed since March 2014.

How Large is 23 SCHOOL LANE?

23 SCHOOL LANE is 116m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% 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 23 SCHOOL LANE lies on this distribution: 44% of detached houses houses are smaller than 23 SCHOOL LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Farington.

23 SCHOOL LANE: Plot and Title Map

23 SCHOOL LANE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 23 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 23 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 23 SCHOOL LANE?

23 SCHOOL LANE is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 23 on SCHOOL LANE.