3, WINDMILL LANE, PENKETH, WARRINGTON, WA5 2AT - £125,500

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.

3 WINDMILL LANE is a very small extended terraced house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £176,261. It was last sold for £125,500 in August 2019, which was around 13% below the average August 2019 terraced price in the Warrington local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

3 WINDMILL LANE Sold Prices

Land registry data shows three sales for 3 WINDMILL 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 Warrington local authority area for the corresponding sale date. The three 3 WINDMILL LANE sales were a mix of below the average price, roughly equal to the average price, and 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
2019 22 AUG	£125,500	£144,420	13% below HPI
2012 10 DEC	£115,000	£109,729	5% above HPI
2005 30 SEP	£112,500	£112,028	Close to HPI

3 WINDMILL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Warrington local authority area over time, sourced from the HPI. The three 3 WINDMILL LANE sales between September 2005 and August 2019 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 December 2012 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 WINDMILL LANE be worth now?

3 WINDMILL LANE might now be worth an estimated £176,261.

This is based on house price inflation of 40.4%, between August 2019 and May 2026, for terraced houses, in the Warrington local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.4% inflationary increase is applied to the most recent sale price for 3 WINDMILL LANE of £125,500 on 22nd August 2019. For the value to have increased from £125,500 to £176,261 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 3 WINDMILL LANE has moved in line with the HPI for terraced houses in the Warrington local authority area.
• The August 2019 sale price of £125,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WINDMILL LANE has not materially changed since August 2019.

How Large is 3 WINDMILL LANE?

3 WINDMILL LANE is 78m², 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 Warrington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Warrington, and where 3 WINDMILL LANE lies on this distribution: 10% of terraced houses houses are smaller than 3 WINDMILL LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Warrington.

3 WINDMILL LANE: Plot and Title Map

3 WINDMILL LANE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 3 WINDMILL 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 3 WINDMILL 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 3 WINDMILL LANE?

3 WINDMILL LANE is located in PENKETH, in the WA5 postcode district. The below map shows the position of No. 3 on WINDMILL LANE.