50, LANCASTER LANE, LEYLAND, PR25 5SP - £545,000

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.

50 LANCASTER LANE is a very large extended detached house of 155m², built sometime between 1967 and 1975, which could now be worth an estimated £692,395. It was last sold for £545,000 in October 2018, which was around 113% above the average October 2018 detached price in the Chorley local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

50 LANCASTER LANE Sold Prices

Land registry data shows two sales for 50 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. Both of the two 50 LANCASTER 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 2 OCT	£545,000	£255,534	113% above HPI
1999 3 SEP	£127,500	£86,900	47% above HPI

50 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 50 LANCASTER LANE sales from September 1999 and October 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 September 1999 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2018 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

What might 50 LANCASTER LANE be worth now?

50 LANCASTER LANE might now be worth an estimated £692,395.

This is based on house price inflation of 27%, between October 2018 and February 2025, 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 27% inflationary increase is applied to the most recent sale price for 50 LANCASTER LANE of £545,000 on 2nd October 2018. For the value to have increased from £545,000 to £692,395 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 50 LANCASTER LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The October 2018 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 50 LANCASTER LANE has not materially changed since October 2018.

How Large is 50 LANCASTER LANE?

50 LANCASTER LANE is 155m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 20% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 50 LANCASTER LANE lies on this distribution: 86% of detached houses houses are smaller than 50 LANCASTER LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Leyland.

50 LANCASTER LANE: Plot and Title Map

50 LANCASTER LANE sits on a plot of roughly 0.484 of an acre, or 1,960m². The below map shows the location of 50 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 50 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 50 LANCASTER LANE?

50 LANCASTER LANE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 50 on LANCASTER LANE.