318, THE GREEN, ECCLESTON, CHORLEY, PR7 5TP - £194,500

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.

318 THE GREEN is a midsized terraced house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £232,148. It was last sold for £194,500 in October 2021, which was around 36% above the average October 2021 terraced price in the Chorley local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

318 THE GREEN Sold Prices

Land registry data shows five sales for 318 THE GREEN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. All of the five 318 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
2021 15 OCT	£194,500	£143,173	36% above HPI
2016 31 AUG	£148,500	£114,679	29% above HPI
2012 7 SEP	£150,000	£102,310	47% above HPI
2007 3 AUG	£149,950	£116,500	29% above HPI
1999 11 JUN	£54,000	£39,591	36% above HPI

318 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 five 318 THE GREEN sales between June 1999 and October 2021 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 August 2016 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2021 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 318 THE GREEN be worth now?

318 THE GREEN might now be worth an estimated £232,148.

This is based on house price inflation of 19.4%, between October 2021 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 19.4% inflationary increase is applied to the most recent sale price for 318 THE GREEN of £194,500 on 15th October 2021. For the value to have increased from £194,500 to £232,148 over the five years and five months to May 2026, the following assumptions must hold true:

• The value of 318 THE GREEN has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The October 2021 sale price of £194,500 represented a fair market value for the property.
• The size, condition, and specification of 318 THE GREEN has not materially changed since October 2021.

How Large is 318 THE GREEN?

318 THE GREEN is 81m² according to the EPC inspection conducted in January 2012. This puts it in the largest 50% of terraced houses in Eccleston, based on EPC data. The below chart shows the distribution of terraced houses by size in Eccleston, and where 318 THE GREEN lies on this distribution: 53% of terraced houses are smaller than 318 THE GREEN, and 46% of terraced houses are larger. Note that EPC data is not available for all properties in Eccleston.

318 THE GREEN: Plot

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

Where is 318 THE GREEN?

318 THE GREEN is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 318 on THE GREEN.