116, SPENDMORE LANE, COPPULL, CHORLEY, PR7 5BX - £140,000

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.

116 SPENDMORE LANE is a small terraced house of 92m², built in 2022, which could now be worth an estimated £143,636. It was last sold for £140,000 in October 2024, which was around 15% below the average October 2024 terraced price in the Chorley local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

116 SPENDMORE LANE Sold Prices

Land registry data shows six sales for 116 SPENDMORE LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. All of the six 116 SPENDMORE 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
2024 11 OCT	£140,000	£165,401	15% below HPI
2022 22 JUL	£125,000	£150,441	17% below HPI
2008 28 APR	£110,000	£113,328	3% below HPI
2005 7 OCT	£91,000	£101,045	10% below HPI
2000 31 JAN	£39,950	£40,702	2% below HPI
1999 6 AUG	£22,500	£39,042	42% below HPI

116 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 six 116 SPENDMORE LANE sales between August 1999 and October 2024 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 July 2022 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 116 SPENDMORE LANE be worth now?

116 SPENDMORE LANE might now be worth an estimated £143,636.

This is based on house price inflation of 2.6%, between October 2024 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 2.6% inflationary increase is applied to the most recent sale price for 116 SPENDMORE LANE of £140,000 on 11th October 2024. For the value to have increased from £140,000 to £143,636 over the two years and six months to April 2026, the following assumptions must hold true:

• The value of 116 SPENDMORE LANE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The October 2024 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 116 SPENDMORE LANE has not materially changed since October 2024.

How Large is 116 SPENDMORE LANE?

116 SPENDMORE LANE is 92m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% 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 116 SPENDMORE LANE lies on this distribution: 24% of terraced houses houses are smaller than 116 SPENDMORE LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Coppull.

116 SPENDMORE LANE: Plot and Title Map

116 SPENDMORE LANE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 116 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 116 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 116 SPENDMORE LANE?

116 SPENDMORE LANE is located in COPPULL, in the PR7 postcode district. The below map shows the position of No. 116 on SPENDMORE LANE.