18, NEW CUT LANE, SOUTHPORT, PR8 3DN - £210,000

18 NEW CUT LANE is a small detached house of 118m², built sometime between 1983 and 1990. It was last sold for £210,000 in August 2016, which was around 23% below the average August 2016 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

18 NEW CUT LANE Sold Prices

Land registry data shows three sales for 18 NEW CUT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 18 NEW CUT 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
2016 26 AUG	£210,000	£273,342	23% below HPI
2000 10 NOV	£40,000	£113,650	65% below HPI
1998 14 AUG	£74,000	£94,099	21% below HPI

18 NEW CUT LANE 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 three 18 NEW CUT LANE sales between August 1998 and August 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 November 2000 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the August 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 18 NEW CUT LANE?

18 NEW CUT LANE is 118m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Southport, based on EPC data. The below chart shows the distribution of detached houses by size in Southport, and where 18 NEW CUT LANE lies on this distribution: 38% of detached houses are smaller than 18 NEW CUT LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Southport.

18 NEW CUT LANE: Plot and Title Map

18 NEW CUT LANE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 18 NEW CUT 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 18 NEW CUT 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 18 NEW CUT LANE?

18 NEW CUT LANE is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 18 on NEW CUT LANE.