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
87 CHAPEL LANE is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £190,000 in February 2018, which was around 23% below the average February 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 87 CHAPEL LANE since 1st 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 87 CHAPEL 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 |
---|---|---|---|
2018 9 FEB | £190,000 | £246,294 | 23% below HPI |
2000 15 DEC | £77,500 | £101,231 | 23% below HPI |
The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 87 CHAPEL LANE sales from December 2000 and February 2018 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 December 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2018 sale, which was also at 23% below the HPI.
87 CHAPEL LANE is 74m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 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 87 CHAPEL LANE lies on this distribution: 7% of detached houses are smaller than 87 CHAPEL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Longton.
87 CHAPEL LANE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 87 CHAPEL 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 87 CHAPEL 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.
87 CHAPEL LANE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 87 on CHAPEL LANE.