8, THE LAUND, LEYLAND, PR26 7XX - £261,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 THE LAUND is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £261,000 in February 2023, which was around 17% below the average February 2023 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

8 THE LAUND Sold Prices

Land registry data shows two sales for 8 THE LAUND 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. Both of the two 8 THE LAUND 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
2023 16 FEB	£261,000	£313,180	17% below HPI
1995 28 APR	£63,000	£81,264	22% below HPI

8 THE LAUND 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 8 THE LAUND sales from April 1995 and February 2023 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 April 1995 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 THE LAUND?

8 THE LAUND is 80m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses by size in Leyland, and where 8 THE LAUND lies on this distribution: 11% of detached houses are smaller than 8 THE LAUND, and 87% of houses are larger. Note that EPC data is not available for all properties in Leyland.

8 THE LAUND: Plot and Title Map

8 THE LAUND sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 8 THE LAUND, 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 8 THE LAUND). 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 8 THE LAUND?

8 THE LAUND is located in LEYLAND, in the PR26 postcode district. The below map shows the position of No. 8 on THE LAUND.