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
86 SCHOOL LANE is a large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £249,950 in May 2014, which was around 14% above the average May 2014 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 C.
Land registry data shows three sales for 86 SCHOOL LANE since 1st 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. All of the three 86 SCHOOL LANE sales were 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 23 MAY | £249,950 | £218,694 | 14% above HPI |
2007 5 APR | £250,000 | £234,506 | 7% above HPI |
2000 2 AUG | £130,000 | £100,411 | 29% above HPI |
The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The three 86 SCHOOL LANE sales between August 2000 and May 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 April 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.
86 SCHOOL LANE is 159m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 30% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 86 SCHOOL LANE lies on this distribution: 72% of detached houses are smaller than 86 SCHOOL LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Longton.
86 SCHOOL LANE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 86 SCHOOL 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 86 SCHOOL 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.
86 SCHOOL LANE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 86 on SCHOOL LANE.