38, LAWRENCE LANE, ECCLESTON, CHORLEY, PR7 5SJ - £158,000

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.

38 LAWRENCE LANE is a very small extended semi-detached house of 61m², built sometime between 1930 and 1949, which could now be worth an estimated £231,762. It was last sold for £158,000 in September 2017, which was around 9% above the average September 2017 semi-detached price in the Chorley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

38 LAWRENCE LANE Sold Prices

Land registry data shows two sales for 38 LAWRENCE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. Both of the two 38 LAWRENCE LANE 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
2017 1 SEP	£158,000	£145,417	9% above HPI
1998 11 DEC	£53,000	£49,688	7% above HPI

38 LAWRENCE LANE 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 two 38 LAWRENCE LANE sales from December 1998 and September 2017 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 December 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 38 LAWRENCE LANE be worth now?

38 LAWRENCE LANE might now be worth an estimated £231,762.

This is based on house price inflation of 46.7%, between September 2017 and May 2026, for semi-detached 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 46.7% inflationary increase is applied to the most recent sale price for 38 LAWRENCE LANE of £158,000 on 1st September 2017. For the value to have increased from £158,000 to £231,762 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 38 LAWRENCE LANE has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The September 2017 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LAWRENCE LANE has not materially changed since September 2017.

How Large is 38 LAWRENCE LANE?

38 LAWRENCE LANE is 61m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of semi-detached houses in Eccleston, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Eccleston, and where 38 LAWRENCE LANE lies on this distribution: 6% of semi-detached houses are smaller than 38 LAWRENCE LANE, and 93% of semi-detached houses are larger. Note that EPC data is not available for all properties in Eccleston.

38 LAWRENCE LANE: Plot

38 LAWRENCE LANE sits on a plot of roughly 940.6 acres, or 3,806,451m².

Where is 38 LAWRENCE LANE?

38 LAWRENCE LANE is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 38 on LAWRENCE LANE.