30, NEW CUT LANE, SOUTHPORT, PR8 3DW - £119,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

30 NEW CUT LANE is a very small extended semi-detached house of 83m², built sometime between 1930 and 1949, which could now be worth an estimated £144,683. It was last sold for £119,000 in February 2021, which was around 35% below the average February 2021 semi-detached price in the West Lancashire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was A.

30 NEW CUT LANE Sold Prices

Land registry data shows two sales for 30 NEW CUT LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 30 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
2021 26 FEB	£119,000	£183,375	35% below HPI
2018 22 MAY	£85,000	£163,044	48% below HPI

30 NEW CUT LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 30 NEW CUT LANE sales from May 2018 and February 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 May 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 30 NEW CUT LANE be worth now?

30 NEW CUT LANE might now be worth an estimated £144,683.

This is based on house price inflation of 21.6%, between February 2021 and February 2025, for semi-detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 30 NEW CUT LANE of £119,000 on 26th February 2021. For the value to have increased from £119,000 to £144,683 over the four years to February 2025, the following assumptions must hold true:

• The value of 30 NEW CUT LANE has moved in line with the HPI for semi-detached houses in the West Lancashire local authority area.
• The February 2021 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 30 NEW CUT LANE has not materially changed since February 2021.

How Large is 30 NEW CUT LANE?

30 NEW CUT LANE is 83m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of semi-detached houses houses in Southport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southport, and where 30 NEW CUT LANE lies on this distribution: 12% of semi-detached houses houses are smaller than 30 NEW CUT LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Southport.

30 NEW CUT LANE: Plot and Title Map

30 NEW CUT LANE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 30 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 30 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 30 NEW CUT LANE?

30 NEW CUT LANE is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 30 on NEW CUT LANE.