306, SPENDMORE LANE, COPPULL, CHORLEY, PR7 5DE - £158,000

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.

306 SPENDMORE LANE is a very small extended detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £241,251. It was last sold for £158,000 in September 2015, which was around 30% below the average September 2015 detached price in the Chorley local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

306 SPENDMORE LANE Sold Prices

Land registry data shows two sales for 306 SPENDMORE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Both of the two 306 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
2015 24 SEP	£158,000	£224,976	30% below HPI
2014 29 MAY	£102,000	£206,304	51% below HPI

What might 306 SPENDMORE LANE be worth now?

306 SPENDMORE LANE might now be worth an estimated £241,251.

This is based on house price inflation of 52.7%, between September 2015 and May 2026, for detached 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 52.7% inflationary increase is applied to the most recent sale price for 306 SPENDMORE LANE of £158,000 on 24th September 2015. For the value to have increased from £158,000 to £241,251 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 306 SPENDMORE LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The September 2015 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 306 SPENDMORE LANE has not materially changed since September 2015.

How Large is 306 SPENDMORE LANE?

306 SPENDMORE LANE is 65m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% of detached houses in Coppull, based on EPC data. The below chart shows the distribution of detached houses by size in Coppull, and where 306 SPENDMORE LANE lies on this distribution: 4% of detached houses are smaller than 306 SPENDMORE LANE, and 96% of detached houses are larger. Note that EPC data is not available for all properties in Coppull.

Where is 306 SPENDMORE LANE?

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