371, SPENDMORE LANE, COPPULL, CHORLEY, PR7 5DD - £360,000

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

371 SPENDMORE LANE is a very large detached house of 252m², built sometime between 1900 and 1929, which could now be worth an estimated £467,436. It was last sold for £360,000 in September 2018, which was around 42% above the average September 2018 detached price in the Chorley local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

371 SPENDMORE LANE Sold Prices

Land registry data shows three sales for 371 SPENDMORE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 371 SPENDMORE 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
2018 25 SEP	£360,000	£253,923	42% above HPI
2014 21 NOV	£360,000	£222,067	62% above HPI
2002 18 JUL	£185,000	£118,991	55% above HPI

371 SPENDMORE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The three 371 SPENDMORE LANE sales between July 2002 and September 2018 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 November 2014 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2018 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 371 SPENDMORE LANE be worth now?

371 SPENDMORE LANE might now be worth an estimated £467,436.

This is based on house price inflation of 29.8%, between September 2018 and December 2024, for 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 29.8% inflationary increase is applied to the most recent sale price for 371 SPENDMORE LANE of £360,000 on 25th September 2018. For the value to have increased from £360,000 to £467,436 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of 371 SPENDMORE LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The September 2018 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 371 SPENDMORE LANE has not materially changed since September 2018.

How Large is 371 SPENDMORE LANE?

371 SPENDMORE LANE is 252m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses houses in Coppull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coppull, and where 371 SPENDMORE LANE lies on this distribution: 99% of detached houses houses are smaller than 371 SPENDMORE LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Coppull.

371 SPENDMORE LANE: Plot and Title Map

371 SPENDMORE LANE sits on a plot of roughly 0.323 of an acre, or 1,308m². The below map shows the location of 371 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 371 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 371 SPENDMORE LANE?

371 SPENDMORE LANE is located in COPPULL, in the PR7 postcode district. The below map shows the position of No. 371 on SPENDMORE LANE.