THE OLD SHIPPON, LODGE LANE, ELSWICK, PRESTON, PR4 3YH - £408,000

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 OLD SHIPPON is a very large detached house of 225m², built sometime between 1996 and 2002. It was last sold for £408,000 in October 2016, which was around 52% above the average October 2016 detached price in the Fylde local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

THE OLD SHIPPON Sold Prices

Land registry data shows three sales for THE OLD SHIPPON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. All of the three THE OLD SHIPPON 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
2016 13 OCT	£408,000	£268,923	52% above HPI
2007 30 OCT	£490,000	£286,736	71% above HPI
2003 11 DEC	£369,000	£195,876	88% above HPI

THE OLD SHIPPON Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The three THE OLD SHIPPON sales between December 2003 and October 2016 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 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the October 2016 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is THE OLD SHIPPON?

THE OLD SHIPPON is 225m² according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Elswick, based on EPC data. The below chart shows the distribution of detached houses by size in Elswick, and where THE OLD SHIPPON lies on this distribution: 90% of detached houses are smaller than THE OLD SHIPPON, and 10% of houses are larger. Note that EPC data is not available for all properties in Elswick.

THE OLD SHIPPON: Plot and Title Map

THE OLD SHIPPON sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of THE OLD SHIPPON, 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 OLD SHIPPON). 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 OLD SHIPPON?

THE OLD SHIPPON is located on LODGE LANE in ELSWICK, in the PR4 postcode district. The below map shows the position of THE OLD SHIPPON on LODGE LANE.