357, SQUIRES GATE LANE, BLACKPOOL, FY4 3RQ - £110,000

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.

357 SQUIRES GATE LANE is a very small terraced house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £165,860. It was last sold for £110,000 in May 2013, which was around 41% above the average May 2013 terraced price in the Blackpool local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

357 SQUIRES GATE LANE Sold Prices

Land registry data shows four sales for 357 SQUIRES GATE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Blackpool local authority area for the corresponding sale date. All of the four 357 SQUIRES GATE LANE sales were 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
2013 24 MAY	£110,000	£77,797	41% above HPI
2004 14 JAN	£79,950	£65,660	22% above HPI
2002 22 MAY	£51,000	£41,824	22% above HPI
1996 27 SEP	£39,500	£31,551	25% above HPI

357 SQUIRES GATE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Blackpool local authority area over time, sourced from the HPI. The four 357 SQUIRES GATE LANE sales between September 1996 and May 2013 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 January 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2013 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 357 SQUIRES GATE LANE be worth now?

357 SQUIRES GATE LANE might now be worth an estimated £165,860.

This is based on house price inflation of 50.8%, between May 2013 and May 2026, for terraced houses, in the Blackpool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.8% inflationary increase is applied to the most recent sale price for 357 SQUIRES GATE LANE of £110,000 on 24th May 2013. For the value to have increased from £110,000 to £165,860 over the thirteen years to May 2026, the following assumptions must hold true:

• The value of 357 SQUIRES GATE LANE has moved in line with the HPI for terraced houses in the Blackpool local authority area.
• The May 2013 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 357 SQUIRES GATE LANE has not materially changed since May 2013.

How Large is 357 SQUIRES GATE LANE?

357 SQUIRES GATE LANE is 72m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of terraced houses houses in Blackpool, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Blackpool, and where 357 SQUIRES GATE LANE lies on this distribution: 7% of terraced houses houses are smaller than 357 SQUIRES GATE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

Where is 357 SQUIRES GATE LANE?

357 SQUIRES GATE LANE is located in BLACKPOOL, in the FY4 postcode district. The below map shows the position of No. 357 on SQUIRES GATE LANE.