THE BARN, CHARNLEYS LANE, BANKS, SOUTHPORT, PR9 8HH - £410,000

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

THE BARN is a large detached house of 149m², built sometime between 1900 and 1929. It was last sold for £410,000 in May 2022, which was around 28% above the average May 2022 detached price in the West Lancashire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two THE BARN 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
2022 10 MAY	£410,000	£319,894	28% above HPI
2007 1 OCT	£375,000	£259,149	45% above HPI

THE BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two THE BARN sales from October 2007 and May 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 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is THE BARN?

THE BARN is 149m² according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses in Banks, based on EPC data. The below chart shows the distribution of detached houses by size in Banks, and where THE BARN lies on this distribution: 79% of detached houses are smaller than THE BARN, and 20% of houses are larger. Note that EPC data is not available for all properties in Banks.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.353 of an acre, or 1,429m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on CHARNLEYS LANE in BANKS, in the PR9 postcode district. The below map shows the position of THE BARN on CHARNLEYS LANE.