14, BACK LANE, LONGTON, PRESTON, PR4 5BD - £184,950

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.

14 BACK LANE is a small semi-detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £218,016. It was last sold for £184,950 in January 2022, which was around 3% above the average January 2022 semi-detached price in the South Ribble local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

14 BACK LANE Sold Prices

Land registry data shows four sales for 14 BACK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Ribble local authority area for the corresponding sale date. All of the four 14 BACK LANE 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 31 JAN	£184,950	£179,001	3% above HPI
2006 19 OCT	£158,000	£144,168	10% above HPI
2004 25 JUN	£151,000	£118,385	28% above HPI
2000 23 JUN	£73,000	£58,111	26% above HPI

14 BACK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The four 14 BACK LANE sales between June 2000 and January 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 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 14 BACK LANE be worth now?

14 BACK LANE might now be worth an estimated £218,016.

This is based on house price inflation of 17.9%, between January 2022 and May 2026, for semi-detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.9% inflationary increase is applied to the most recent sale price for 14 BACK LANE of £184,950 on 31st January 2022. For the value to have increased from £184,950 to £218,016 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 14 BACK LANE has moved in line with the HPI for semi-detached houses in the South Ribble local authority area.
• The January 2022 sale price of £184,950 represented a fair market value for the property.
• The size, condition, and specification of 14 BACK LANE has not materially changed since January 2022.

How Large is 14 BACK LANE?

14 BACK LANE is 76m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of semi-detached houses in Longton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Longton, and where 14 BACK LANE lies on this distribution: 31% of semi-detached houses are smaller than 14 BACK LANE, and 67% of semi-detached houses are larger. Note that EPC data is not available for all properties in Longton.

Where is 14 BACK LANE?

14 BACK LANE is located in LONGTON, in the PR4 postcode district.