3, LANCASTER CLOSE, ADLINGTON, CHORLEY, PR6 9RA - £85,000

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.

3 LANCASTER CLOSE is a very small terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £141,118. It was last sold for £85,000 in September 2013, which was around 17% below the average September 2013 terraced price in the Chorley local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was C.

3 LANCASTER CLOSE Sold Prices

Land registry data shows three sales for 3 LANCASTER CLOSE 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 3 LANCASTER CLOSE 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
2013 20 SEP	£85,000	£102,930	17% below HPI
2005 20 OCT	£97,750	£101,045	3% below HPI
2003 6 JUN	£59,000	£63,564	7% below HPI

3 LANCASTER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chorley local authority area over time, sourced from the HPI. The three 3 LANCASTER CLOSE sales between June 2003 and September 2013 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 October 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2013 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 LANCASTER CLOSE be worth now?

3 LANCASTER CLOSE might now be worth an estimated £141,118.

This is based on house price inflation of 66%, between September 2013 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 66% inflationary increase is applied to the most recent sale price for 3 LANCASTER CLOSE of £85,000 on 20th September 2013. For the value to have increased from £85,000 to £141,118 over the thirteen years and four months to May 2026, the following assumptions must hold true:

• The value of 3 LANCASTER CLOSE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The September 2013 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LANCASTER CLOSE has not materially changed since September 2013.

How Large is 3 LANCASTER CLOSE?

3 LANCASTER CLOSE is 85m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of terraced houses houses in Adlington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Adlington, and where 3 LANCASTER CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 3 LANCASTER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Adlington.

3 LANCASTER CLOSE: Plot and Title Map

3 LANCASTER CLOSE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 3 LANCASTER CLOSE, 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 3 LANCASTER CLOSE). 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 3 LANCASTER CLOSE?

3 LANCASTER CLOSE is located in ADLINGTON, in the PR6 postcode district. The below map shows the position of No. 3 on LANCASTER CLOSE.