342, THE GREEN, ECCLESTON, CHORLEY, PR7 5TP - £90,000

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.

342 THE GREEN is a midsized terraced house of 83m², built sometime between 1900 and 1929, which could now be worth an estimated £121,369. It was last sold for £90,000 in August 2019, which was around 28% below the average August 2019 terraced price in the Chorley local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

342 THE GREEN Sold Prices

Land registry data shows four sales for 342 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. Most of the four 342 THE GREEN 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
2019 28 AUG	£90,000	£125,837	28% below HPI
2015 4 NOV	£87,500	£111,156	21% below HPI
1998 4 SEP	£40,000	£36,509	10% above HPI
1997 16 JAN	£22,635	£34,693	35% below HPI

342 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 342 THE GREEN sales between January 1997 and August 2019 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 November 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 342 THE GREEN be worth now?

342 THE GREEN might now be worth an estimated £121,369.

This is based on house price inflation of 34.9%, between August 2019 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 34.9% inflationary increase is applied to the most recent sale price for 342 THE GREEN of £90,000 on 28th August 2019. For the value to have increased from £90,000 to £121,369 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 342 THE GREEN has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The August 2019 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 342 THE GREEN has not materially changed since August 2019.

How Large is 342 THE GREEN?

342 THE GREEN is 83m² according to the EPC inspection conducted in August 2015. 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 342 THE GREEN lies on this distribution: 56% of terraced houses are smaller than 342 THE GREEN, and 41% of terraced houses are larger. Note that EPC data is not available for all properties in Eccleston.

342 THE GREEN: Plot

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

Where is 342 THE GREEN?

342 THE GREEN is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 342 on THE GREEN.