5A, LOWER LANE, CHINLEY, HIGH PEAK, SK23 6BE - £225,000

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

5A LOWER LANE is a very large detached house of 149m², built sometime between 2003 and 2006. It was last sold for £225,000 in March 2014, which was around 13% below the average March 2014 detached price in the High Peak local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

5A LOWER LANE Sold Prices

Land registry data shows two sales for 5A LOWER 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 High Peak local authority area for the corresponding sale date. One of the two 5A LOWER 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
2014 21 MAR	£225,000	£257,236	13% below HPI
2003 13 OCT	£220,000	£210,543	4% above HPI

5A LOWER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The two 5A LOWER LANE sales from October 2003 and March 2014 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 October 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5A LOWER LANE?

5A LOWER LANE is 149m² according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses in Chinley, based on EPC data. The below chart shows the distribution of detached houses by size in Chinley, and where 5A LOWER LANE lies on this distribution: 80% of detached houses are smaller than 5A LOWER LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Chinley.

5A LOWER LANE: Plot and Title Map

5A LOWER LANE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 5A LOWER 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 5A LOWER 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 5A LOWER LANE?

5A LOWER LANE is located in CHINLEY, in the SK23 postcode district. The below map shows the position of No. 5A on LOWER LANE.