19, SPENDMORE LANE, COPPULL, CHORLEY, PR7 4NY - £84,000

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.

19 SPENDMORE LANE is a midsized extended terraced house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £130,475. It was last sold for £84,000 in December 2016, which was around 24% below the average December 2016 terraced price in the Chorley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

19 SPENDMORE LANE Sold Prices

Land registry data shows three sales for 19 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 19 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 9 DEC	£84,000	£110,017	24% below HPI
2001 2 MAR	£32,700	£39,414	17% below HPI
1996 27 FEB	£20,000	£33,194	40% below HPI

19 SPENDMORE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The three 19 SPENDMORE LANE sales between February 1996 and December 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 March 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 19 SPENDMORE LANE be worth now?

19 SPENDMORE LANE might now be worth an estimated £130,475.

This is based on house price inflation of 55.3%, between December 2016 and May 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 55.3% inflationary increase is applied to the most recent sale price for 19 SPENDMORE LANE of £84,000 on 9th December 2016. For the value to have increased from £84,000 to £130,475 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of 19 SPENDMORE LANE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The December 2016 sale price of £84,000 represented a fair market value for the property.
• The size, condition, and specification of 19 SPENDMORE LANE has not materially changed since December 2016.

How Large is 19 SPENDMORE LANE?

19 SPENDMORE LANE is 81m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of terraced houses in Coppull, based on EPC data. The below chart shows the distribution of terraced houses by size in Coppull, and where 19 SPENDMORE LANE lies on this distribution: 57% of terraced houses are smaller than 19 SPENDMORE LANE, and 40% of terraced houses are larger. Note that EPC data is not available for all properties in Coppull.

Where is 19 SPENDMORE LANE?

19 SPENDMORE LANE is located in COPPULL, in the PR7 postcode district.