331, THE GREEN, ECCLESTON, CHORLEY, PR7 5TJ - £95,000

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.

331 THE GREEN is a very small terraced house of 59m², built sometime before 1900, which could now be worth an estimated £158,005. It was last sold for £95,000 in April 2011, which was around 7% below the average April 2011 terraced price in the Chorley local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

331 THE GREEN Sold Prices

Land registry data shows five sales for 331 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. Most of the five 331 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
2011 19 APR	£95,000	£102,030	7% below HPI
2005 26 MAY	£100,000	£97,576	2% above HPI
2004 12 MAR	£79,950	£77,557	3% above HPI
2002 28 JAN	£47,500	£43,896	8% above HPI
1995 21 APR	£42,000	£34,753	21% above HPI

331 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 331 THE GREEN sales between April 1995 and April 2011 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 May 2005 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2011 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 331 THE GREEN be worth now?

331 THE GREEN might now be worth an estimated £158,005.

This is based on house price inflation of 66.3%, between April 2011 and April 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 66.3% inflationary increase is applied to the most recent sale price for 331 THE GREEN of £95,000 on 19th April 2011. For the value to have increased from £95,000 to £158,005 over the fifteen years to April 2026, the following assumptions must hold true:

• The value of 331 THE GREEN has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The April 2011 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 331 THE GREEN has not materially changed since April 2011.

How Large is 331 THE GREEN?

331 THE GREEN is 59m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 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 331 THE GREEN lies on this distribution: 16% of terraced houses are smaller than 331 THE GREEN, and 84% of terraced houses are larger. Note that EPC data is not available for all properties in Eccleston.

331 THE GREEN: Plot

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

Where is 331 THE GREEN?

331 THE GREEN is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 331 on THE GREEN.