34, BACK LANE, LONGTON, PRESTON, PR4 5BE - £167,000

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.

34 BACK LANE is a small extended semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £225,934. It was last sold for £167,000 in May 2019, which was around 7% above the average May 2019 semi-detached price in the South Ribble local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

34 BACK LANE Sold Prices

Land registry data shows two sales for 34 BACK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Ribble local authority area for the corresponding sale date. Both of the two 34 BACK 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 2 MAY	£167,000	£155,964	7% above HPI
2019 2 MAY	£167,000	£155,964	7% above HPI

What might 34 BACK LANE be worth now?

34 BACK LANE might now be worth an estimated £225,934.

This is based on house price inflation of 35.3%, between May 2019 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 35.3% inflationary increase is applied to the most recent sale price for 34 BACK LANE of £167,000 on 2nd May 2019. For the value to have increased from £167,000 to £225,934 over the seven years to May 2026, the following assumptions must hold true:

• The value of 34 BACK LANE has moved in line with the HPI for semi-detached houses in the South Ribble local authority area.
• The May 2019 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 34 BACK LANE has not materially changed since May 2019.

How Large is 34 BACK LANE?

34 BACK LANE is 76m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of semi-detached houses in Longton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Longton, and where 34 BACK LANE lies on this distribution: 31% of semi-detached houses are smaller than 34 BACK LANE, and 67% of semi-detached houses are larger. Note that EPC data is not available for all properties in Longton.

34 BACK LANE: Plot

34 BACK LANE sits on a plot of roughly 0.066 of an acre, or 268m².

Where is 34 BACK LANE?

34 BACK LANE is located in LONGTON, in the PR4 postcode district.