337, SPENDMORE LANE, COPPULL, CHORLEY, PR7 5DD - £107,500

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.

337 SPENDMORE LANE is a small extended terraced house of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £156,304. It was last sold for £107,500 in September 2016, which was around 8% below the average September 2016 terraced price in the Chorley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

337 SPENDMORE LANE Sold Prices

Land registry data shows three sales for 337 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 337 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
2016 21 SEP	£107,500	£116,711	8% below HPI
2007 20 SEP	£107,000	£116,299	8% below HPI
1997 23 MAY	£27,000	£35,658	24% below HPI

337 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 337 SPENDMORE LANE sales between May 1997 and September 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 September 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2016 sale, which was also at 8% below the HPI.

What might 337 SPENDMORE LANE be worth now?

337 SPENDMORE LANE might now be worth an estimated £156,304.

This is based on house price inflation of 45.4%, between September 2016 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 45.4% inflationary increase is applied to the most recent sale price for 337 SPENDMORE LANE of £107,500 on 21st September 2016. For the value to have increased from £107,500 to £156,304 over the ten years and five months to April 2026, the following assumptions must hold true:

• The value of 337 SPENDMORE LANE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The September 2016 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 337 SPENDMORE LANE has not materially changed since September 2016.

How Large is 337 SPENDMORE LANE?

337 SPENDMORE LANE is 89m², which includes one extension, according to the EPC inspection conducted in March 2014. 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 337 SPENDMORE LANE lies on this distribution: 20% of terraced houses houses are smaller than 337 SPENDMORE LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Coppull.

337 SPENDMORE LANE: Plot and Title Map

337 SPENDMORE LANE sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 337 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 337 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 337 SPENDMORE LANE?

337 SPENDMORE LANE is located in COPPULL, in the PR7 postcode district. The below map shows the position of No. 337 on SPENDMORE LANE.