55, BACK LANE, LONGTON, PRESTON, PR4 5BE - £244,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

55 BACK LANE is a small extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £244,000 in December 2018, which was around 6% below the average December 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

55 BACK LANE Sold Prices

Land registry data shows two sales for 55 BACK 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 South Ribble local authority area for the corresponding sale date. One of the two 55 BACK 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
2018 17 DEC	£244,000	£258,889	6% below HPI
1999 12 MAR	£105,500	£88,174	20% above HPI

55 BACK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 55 BACK LANE sales from March 1999 and December 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 March 1999 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 55 BACK LANE?

55 BACK LANE is 114m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 55 BACK LANE lies on this distribution: 37% of detached houses are smaller than 55 BACK LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Longton.

55 BACK LANE: Plot and Title Map

55 BACK LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 55 BACK 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 55 BACK 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 55 BACK LANE?

55 BACK LANE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 55 on BACK LANE.