7, ORCHARD LANE, LONGTON, PRESTON, PR4 5AX - £500,000

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

7 ORCHARD LANE is a very large extended detached house of 226m², built sometime between 1983 and 1990. It was last sold for £500,000 in December 2022, which was around 58% above the average December 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

7 ORCHARD LANE Sold Prices

Land registry data shows three sales for 7 ORCHARD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Two of the three 7 ORCHARD LANE sales were for above the average price, whilst one was 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 2 DEC	£500,000	£316,142	58% above HPI
2007 19 OCT	£249,000	£241,797	3% above HPI
1997 29 AUG	£83,500	£86,899	4% below HPI

7 ORCHARD 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 three 7 ORCHARD LANE sales between August 1997 and December 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 October 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2022 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 7 ORCHARD LANE?

7 ORCHARD LANE is 226m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 7 ORCHARD LANE lies on this distribution: 91% of detached houses are smaller than 7 ORCHARD LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Longton.

7 ORCHARD LANE: Plot and Title Map

7 ORCHARD LANE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 7 ORCHARD 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 7 ORCHARD 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 7 ORCHARD LANE?

7 ORCHARD LANE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 7 on ORCHARD LANE.