312, SPENDMORE LANE, COPPULL, CHORLEY, PR7 5DE - £220,000

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.

312 SPENDMORE LANE is a very large extended semi-detached house of 177m², built sometime between 1930 and 1949, which could now be worth an estimated £249,761. It was last sold for £220,000 in September 2021, which was around 24% above the average September 2021 semi-detached price in the Chorley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was C.

312 SPENDMORE LANE Sold Prices

Land registry data shows two sales for 312 SPENDMORE 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 Chorley local authority area for the corresponding sale date. One of the two 312 SPENDMORE LANE sales was for above the average price, whilst the other was 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 24 SEP	£220,000	£177,598	24% above HPI
2002 20 SEP	£68,000	£70,535	4% below HPI

312 SPENDMORE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chorley local authority area over time, sourced from the HPI. The two 312 SPENDMORE LANE sales from September 2002 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 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 312 SPENDMORE LANE be worth now?

312 SPENDMORE LANE might now be worth an estimated £249,761.

This is based on house price inflation of 13.5%, between September 2021 and February 2025, for semi-detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.5% inflationary increase is applied to the most recent sale price for 312 SPENDMORE LANE of £220,000 on 24th September 2021. For the value to have increased from £220,000 to £249,761 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 312 SPENDMORE LANE has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The September 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 312 SPENDMORE LANE has not materially changed since September 2021.

How Large is 312 SPENDMORE LANE?

312 SPENDMORE LANE is 177m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 10% of semi-detached houses houses in Coppull, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Coppull, and where 312 SPENDMORE LANE lies on this distribution: 95% of semi-detached houses houses are smaller than 312 SPENDMORE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Coppull.

312 SPENDMORE LANE: Plot and Title Map

312 SPENDMORE LANE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 312 SPENDMORE 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 312 SPENDMORE 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 312 SPENDMORE LANE?

312 SPENDMORE LANE is located in COPPULL, in the PR7 postcode district. The below map shows the position of No. 312 on SPENDMORE LANE.