109, SPENDMORE LANE, COPPULL, CHORLEY, PR7 4PY - £124,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

109 SPENDMORE LANE is a very small extended terraced house of 76m², built sometime before 1900, which could now be worth an estimated £193,969. It was last sold for £124,995 in October 2014, which was around 14% above the average October 2014 terraced price in the Chorley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

109 SPENDMORE LANE Sold Prices

Land registry data shows two sales for 109 SPENDMORE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. One of the two 109 SPENDMORE LANE sales was for above the average price, whilst the other was 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
2014 17 OCT	£124,995	£109,354	14% above HPI
2012 28 JUN	£67,500	£101,237	33% below HPI

109 SPENDMORE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chorley local authority area over time, sourced from the HPI. The two 109 SPENDMORE LANE sales from June 2012 and October 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 June 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 109 SPENDMORE LANE be worth now?

109 SPENDMORE LANE might now be worth an estimated £193,969.

This is based on house price inflation of 55.2%, between October 2014 and April 2026, for terraced houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.2% inflationary increase is applied to the most recent sale price for 109 SPENDMORE LANE of £124,995 on 17th October 2014. For the value to have increased from £124,995 to £193,969 over the twelve years and six months to April 2026, the following assumptions must hold true:

• The value of 109 SPENDMORE LANE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The October 2014 sale price of £124,995 represented a fair market value for the property.
• The size, condition, and specification of 109 SPENDMORE LANE has not materially changed since October 2014.

How Large is 109 SPENDMORE LANE?

109 SPENDMORE LANE is 76m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of terraced houses houses in Coppull, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Coppull, and where 109 SPENDMORE LANE lies on this distribution: 10% of terraced houses houses are smaller than 109 SPENDMORE LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Coppull.

109 SPENDMORE LANE: Plot and Title Map

109 SPENDMORE LANE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 109 SPENDMORE 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 109 SPENDMORE 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.

Where is 109 SPENDMORE LANE?

109 SPENDMORE LANE is located in COPPULL, in the PR7 postcode district. The below map shows the position of No. 109 on SPENDMORE LANE.