41, LANCASTER LANE, LEYLAND, PR25 5SP - £220,000

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

41 LANCASTER LANE is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £220,000 in March 2021, which was around 24% below the average March 2021 detached price in the Chorley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

41 LANCASTER LANE Sold Prices

Land registry data shows two sales for 41 LANCASTER 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 Chorley local authority area for the corresponding sale date. One of the two 41 LANCASTER LANE sales was for below the average price, whilst the other was 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 5 MAR	£220,000	£287,982	24% below HPI
2001 2 FEB	£112,500	£95,614	18% above HPI

41 LANCASTER 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 two 41 LANCASTER LANE sales from February 2001 and March 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 February 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 41 LANCASTER LANE?

41 LANCASTER LANE is 89m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses by size in Leyland, and where 41 LANCASTER LANE lies on this distribution: 22% of detached houses are smaller than 41 LANCASTER LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Leyland.

41 LANCASTER LANE: Plot and Title Map

41 LANCASTER LANE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 41 LANCASTER 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 41 LANCASTER 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 41 LANCASTER LANE?

41 LANCASTER LANE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 41 on LANCASTER LANE.