248, THE GREEN, ECCLESTON, CHORLEY, PR7 5SU - £150,000

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.

248 THE GREEN is a very large extended terraced house of 102m², built sometime between 1900 and 1929, which could now be worth an estimated £254,058. It was last sold for £150,000 in January 2012, which was around 49% above the average January 2012 terraced price in the Chorley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

248 THE GREEN Sold Prices

Land registry data shows four sales for 248 THE GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. All of the four 248 THE GREEN 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
2012 23 JAN	£150,000	£100,894	49% above HPI
2007 19 OCT	£154,950	£116,813	33% above HPI
2004 20 FEB	£108,000	£76,283	42% above HPI
1997 7 MAR	£48,000	£34,847	38% above HPI

248 THE GREEN 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 248 THE GREEN sales between March 1997 and January 2012 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 2007 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the January 2012 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 248 THE GREEN be worth now?

248 THE GREEN might now be worth an estimated £254,058.

This is based on house price inflation of 69.4%, between January 2012 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 69.4% inflationary increase is applied to the most recent sale price for 248 THE GREEN of £150,000 on 23rd January 2012. For the value to have increased from £150,000 to £254,058 over the thirteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 248 THE GREEN has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The January 2012 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 248 THE GREEN has not materially changed since January 2012.

How Large is 248 THE GREEN?

248 THE GREEN is 102m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 20% of terraced houses in Eccleston, based on EPC data. The below chart shows the distribution of terraced houses by size in Eccleston, and where 248 THE GREEN lies on this distribution: 83% of terraced houses are smaller than 248 THE GREEN, and 17% of terraced houses are larger. Note that EPC data is not available for all properties in Eccleston.

248 THE GREEN: Plot

248 THE GREEN sits on a plot of roughly 656.6 acres, or 2,657,018m².

Where is 248 THE GREEN?

248 THE GREEN is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 248 on THE GREEN.