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
65 LOWER LANE is a midsized detached house of 122m², built sometime between 1950 and 1966. It was last sold for £334,000 in June 2022, which was around 11% below the average June 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 65 LOWER LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 65 LOWER 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 |
---|---|---|---|
2022 10 JUN | £334,000 | £373,542 | 11% below HPI |
2013 31 JAN | £275,000 | £284,712 | 3% below HPI |
The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 65 LOWER LANE sales from January 2013 and June 2022 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 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
65 LOWER LANE is 122m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 50% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where 65 LOWER LANE lies on this distribution: 49% of detached houses are smaller than 65 LOWER LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Longridge.
65 LOWER LANE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 65 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 65 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.
65 LOWER LANE is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 65 on LOWER LANE.