2, SCHOOL LANE, LOSTOCK HALL, PRESTON, PR5 5JS - £157,500

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.

2 SCHOOL LANE is a small semi-detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £215,470. It was last sold for £157,500 in August 2018, which was around 2% above the average August 2018 semi-detached price in the South Ribble local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

2 SCHOOL LANE Sold Prices

Land registry data shows one sale for 2 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the South Ribble local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 AUG	£157,500	£154,235	2% above HPI

What might 2 SCHOOL LANE be worth now?

2 SCHOOL LANE might now be worth an estimated £215,470.

This is based on house price inflation of 36.8%, between August 2018 and May 2026, for semi-detached 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 36.8% inflationary increase is applied to the most recent sale price for 2 SCHOOL LANE of £157,500 on 9th August 2018. For the value to have increased from £157,500 to £215,470 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 2 SCHOOL LANE has moved in line with the HPI for semi-detached houses in the South Ribble local authority area.
• The August 2018 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SCHOOL LANE has not materially changed since August 2018.

How Large is 2 SCHOOL LANE?

2 SCHOOL LANE is 79m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of semi-detached houses in Farington, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Farington, and where 2 SCHOOL LANE lies on this distribution: 37% of semi-detached houses are smaller than 2 SCHOOL LANE, and 62% of semi-detached houses are larger. Note that EPC data is not available for all properties in Farington.

2 SCHOOL LANE: Plot

2 SCHOOL LANE sits on a plot of roughly 0.065 of an acre, or 265m².

Where is 2 SCHOOL LANE?

2 SCHOOL LANE is located in LOSTOCK HALL, in the PR5 postcode district.