45, SPRING MEADOW, LEYLAND, PR25 5UR - £190,000

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.

45 SPRING MEADOW is a midsized extended detached house of 111m², which could now be worth an estimated £246,505. It was last sold for £190,000 in June 2018, which was around 25% below the average June 2018 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.

45 SPRING MEADOW Sold Prices

Land registry data shows four sales for 45 SPRING MEADOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the four 45 SPRING MEADOW 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
2018 28 JUN	£190,000	£252,086	25% below HPI
2010 23 JUL	£169,995	£215,267	21% below HPI
2009 4 DEC	£180,000	£208,738	14% below HPI
1996 29 MAR	£64,000	£73,405	13% below HPI

45 SPRING MEADOW 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 four 45 SPRING MEADOW sales between March 1996 and June 2018 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 July 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 45 SPRING MEADOW be worth now?

45 SPRING MEADOW might now be worth an estimated £246,505.

This is based on house price inflation of 29.7%, between June 2018 and October 2025, 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 29.7% inflationary increase is applied to the most recent sale price for 45 SPRING MEADOW of £190,000 on 28th June 2018. For the value to have increased from £190,000 to £246,505 over the six years and eight months to October 2025, the following assumptions must hold true:

• The value of 45 SPRING MEADOW has moved in line with the HPI for detached houses in the Chorley local authority area.
• The June 2018 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 45 SPRING MEADOW has not materially changed since June 2018.

How Large is 45 SPRING MEADOW?

45 SPRING MEADOW is 111m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the smallest 50% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 45 SPRING MEADOW lies on this distribution: 44% of detached houses houses are smaller than 45 SPRING MEADOW, and 56% of houses are larger. Note that EPC data is not available for all properties in Leyland.

45 SPRING MEADOW: Plot and Title Map

45 SPRING MEADOW sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 45 SPRING MEADOW, 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 45 SPRING MEADOW). 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 45 SPRING MEADOW?

45 SPRING MEADOW is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 45 on SPRING MEADOW.