34, COOTE LANE, LOSTOCK HALL, PRESTON, PR5 5JB - £65,000

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.

34 COOTE LANE is a small extended terraced house of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £93,795. It was last sold for £65,000 in May 2016, which was around 43% below the average May 2016 terraced price in the South Ribble local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

34 COOTE LANE Sold Prices

Land registry data shows three sales for 34 COOTE 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 South Ribble local authority area for the corresponding sale date. Two of the three 34 COOTE LANE sales were for below the average price, whilst one was 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
2016 11 MAY	£65,000	£113,656	43% below HPI
2007 29 AUG	£79,000	£121,166	35% below HPI
2002 25 SEP	£59,500	£56,084	6% above HPI

34 COOTE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Ribble local authority area over time, sourced from the HPI. The three 34 COOTE LANE sales between September 2002 and May 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 August 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 34 COOTE LANE be worth now?

34 COOTE LANE might now be worth an estimated £93,795.

This is based on house price inflation of 44.3%, between May 2016 and May 2026, for terraced 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 44.3% inflationary increase is applied to the most recent sale price for 34 COOTE LANE of £65,000 on 11th May 2016. For the value to have increased from £65,000 to £93,795 over the ten years to May 2026, the following assumptions must hold true:

• The value of 34 COOTE LANE has moved in line with the HPI for terraced houses in the South Ribble local authority area.
• The May 2016 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 34 COOTE LANE has not materially changed since May 2016.

How Large is 34 COOTE LANE?

34 COOTE LANE is 89m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% of terraced houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bamber Bridge, and where 34 COOTE LANE lies on this distribution: 27% of terraced houses houses are smaller than 34 COOTE LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

34 COOTE LANE: Plot and Title Map

34 COOTE LANE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 34 COOTE 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 34 COOTE 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 34 COOTE LANE?

34 COOTE LANE is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 34 on COOTE LANE.