255, CHAPEL LANE, NEW LONGTON, PRESTON, PR4 4AD - £875,000

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

255 CHAPEL LANE is a midsized detached house of 132m², built sometime between 1930 and 1949. It was last sold for £875,000 in September 2021, which was around 203% above the average September 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

255 CHAPEL LANE Sold Prices

Land registry data shows two sales for 255 CHAPEL 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 255 CHAPEL 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
2021 2 SEP	£875,000	£288,616	203% above HPI
2020 25 SEP	£399,950	£264,850	51% above HPI

255 CHAPEL 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 255 CHAPEL LANE sales from September 2020 and September 2021 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 September 2020 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2021 sale, where it rises to 203% above the HPI. The line then continues to track at 203% above the HPI.

How Large is 255 CHAPEL LANE?

255 CHAPEL LANE is 132m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 255 CHAPEL LANE lies on this distribution: 53% of detached houses are smaller than 255 CHAPEL LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Longton.

255 CHAPEL LANE: Plot and Title Map

255 CHAPEL LANE sits on a plot of roughly 0.411 of an acre, or 1,664m². The below map shows the location of 255 CHAPEL 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 255 CHAPEL 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 255 CHAPEL LANE?

255 CHAPEL LANE is located in NEW LONGTON, in the PR4 postcode district. The below map shows the position of No. 255 on CHAPEL LANE.