344, THE GREEN, ECCLESTON, CHORLEY, PR7 5TP - £110,000

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.

344 THE GREEN is a midsized terraced house of 77m², built sometime before 1900, which could now be worth an estimated £156,728. It was last sold for £110,000 in March 2019, which was around 8% below the average March 2019 terraced price in the Chorley local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was B.

344 THE GREEN Sold Prices

Land registry data shows five sales for 344 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 344 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 29 MAR	£110,000	£119,299	8% below HPI
2006 19 JAN	£94,000	£100,754	7% below HPI
2005 23 AUG	£78,000	£101,794	23% below HPI
2001 17 AUG	£36,950	£43,770	16% below HPI
2000 3 MAR	£39,950	£40,446	1% below HPI

344 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 344 THE GREEN sales between March 2000 and March 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 January 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 344 THE GREEN be worth now?

344 THE GREEN might now be worth an estimated £156,728.

This is based on house price inflation of 42.5%, between March 2019 and March 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 42.5% inflationary increase is applied to the most recent sale price for 344 THE GREEN of £110,000 on 29th March 2019. For the value to have increased from £110,000 to £156,728 over the seven years to March 2026, the following assumptions must hold true:

• The value of 344 THE GREEN has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The March 2019 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 344 THE GREEN has not materially changed since March 2019.

How Large is 344 THE GREEN?

344 THE GREEN is 77m² according to the EPC inspection conducted in December 2018. 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 344 THE GREEN lies on this distribution: 49% of terraced houses are smaller than 344 THE GREEN, and 50% of terraced houses are larger. Note that EPC data is not available for all properties in Eccleston.

344 THE GREEN: Plot

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

Where is 344 THE GREEN?

344 THE GREEN is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 344 on THE GREEN.