41, SCHOOL LANE, LEYLAND, PR25 2TU - £171,000

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.

41 SCHOOL LANE is a small extended semi-detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £196,245. It was last sold for £171,000 in August 2021, which was around 4% below the average August 2021 semi-detached price in the South Ribble local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

41 SCHOOL LANE Sold Prices

Land registry data shows two sales for 41 SCHOOL 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 South Ribble local authority area for the corresponding sale date. Both of the two 41 SCHOOL 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 13 AUG	£171,000	£178,680	4% below HPI
2015 28 JAN	£120,000	£137,732	13% below HPI

41 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 41 SCHOOL LANE sales from January 2015 and August 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 January 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 41 SCHOOL LANE be worth now?

41 SCHOOL LANE might now be worth an estimated £196,245.

This is based on house price inflation of 14.8%, between August 2021 and February 2025, for semi-detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.8% inflationary increase is applied to the most recent sale price for 41 SCHOOL LANE of £171,000 on 13th August 2021. For the value to have increased from £171,000 to £196,245 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 41 SCHOOL LANE has moved in line with the HPI for semi-detached houses in the South Ribble local authority area.
• The August 2021 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 41 SCHOOL LANE has not materially changed since August 2021.

How Large is 41 SCHOOL LANE?

41 SCHOOL LANE is 105m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of semi-detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leyland, and where 41 SCHOOL LANE lies on this distribution: 37% of semi-detached houses houses are smaller than 41 SCHOOL LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Leyland.

41 SCHOOL LANE: Plot and Title Map

41 SCHOOL LANE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 41 SCHOOL 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 SCHOOL 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 SCHOOL LANE?

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