192, SPENDMORE LANE, COPPULL, CHORLEY, PR7 5BZ - £81,000

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.

192 SPENDMORE LANE is a very small extended terraced house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £114,641. It was last sold for £81,000 in June 2018, which was around 33% below the average June 2018 terraced price in the Chorley local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

192 SPENDMORE LANE Sold Prices

Land registry data shows three sales for 192 SPENDMORE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. All of the three 192 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
2018 15 JUN	£81,000	£120,740	33% below HPI
2002 11 MAR	£36,950	£46,165	20% below HPI
1995 28 JUL	£16,000	£35,022	54% below HPI

192 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 three 192 SPENDMORE LANE sales between July 1995 and June 2018 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 March 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 192 SPENDMORE LANE be worth now?

192 SPENDMORE LANE might now be worth an estimated £114,641.

This is based on house price inflation of 41.5%, between June 2018 and May 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 41.5% inflationary increase is applied to the most recent sale price for 192 SPENDMORE LANE of £81,000 on 15th June 2018. For the value to have increased from £81,000 to £114,641 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 192 SPENDMORE LANE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The June 2018 sale price of £81,000 represented a fair market value for the property.
• The size, condition, and specification of 192 SPENDMORE LANE has not materially changed since June 2018.

How Large is 192 SPENDMORE LANE?

192 SPENDMORE LANE is 84m², which includes one extension, according to the EPC inspection conducted in April 2011. 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 192 SPENDMORE LANE lies on this distribution: 17% of terraced houses houses are smaller than 192 SPENDMORE LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Coppull.

192 SPENDMORE LANE: Plot and Title Map

192 SPENDMORE LANE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 192 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 192 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 192 SPENDMORE LANE?

192 SPENDMORE LANE is located in COPPULL, in the PR7 postcode district. The below map shows the position of No. 192 on SPENDMORE LANE.