50, HALFPENNY LANE, LONGRIDGE, PRESTON, PR3 2EA - £320,000

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.

50 HALFPENNY LANE is a very small detached house of 11m², built sometime between 1996 and 2002, which could now be worth an estimated £437,637. It was last sold for £320,000 in February 2019, which was around 31% above the average February 2019 detached price in the Preston local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was A.

50 HALFPENNY LANE Sold Prices

Land registry data shows three sales for 50 HALFPENNY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 50 HALFPENNY 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
2019 22 FEB	£320,000	£244,715	31% above HPI
2004 26 JAN	£330,000	£173,327	90% above HPI
2002 28 MAR	£160,000	£114,957	39% above HPI

50 HALFPENNY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The three 50 HALFPENNY LANE sales between March 2002 and February 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 January 2004 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the February 2019 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 50 HALFPENNY LANE be worth now?

50 HALFPENNY LANE might now be worth an estimated £437,637.

This is based on house price inflation of 36.8%, between February 2019 and August 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.8% inflationary increase is applied to the most recent sale price for 50 HALFPENNY LANE of £320,000 on 22nd February 2019. For the value to have increased from £320,000 to £437,637 over the five years and six months to August 2025, the following assumptions must hold true:

• The value of 50 HALFPENNY LANE has moved in line with the HPI for detached houses in the Preston local authority area.
• The February 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 50 HALFPENNY LANE has not materially changed since February 2019.

How Large is 50 HALFPENNY LANE?

50 HALFPENNY LANE is 11m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longridge, and where 50 HALFPENNY LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 50 HALFPENNY LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Longridge.

50 HALFPENNY LANE: Plot and Title Map

50 HALFPENNY LANE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 50 HALFPENNY 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 50 HALFPENNY 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 50 HALFPENNY LANE?

50 HALFPENNY LANE is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 50 on HALFPENNY LANE.