47, PARR LANE, ECCLESTON, CHORLEY, PR7 5SL - £158,500

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.

47 PARR LANE is a very small semi-detached house of 62m², built sometime between 1930 and 1949, which could now be worth an estimated £255,094. It was last sold for £158,500 in October 2008, which was around 20% above the average October 2008 semi-detached price in the Chorley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

47 PARR LANE Sold Prices

Land registry data shows three sales for 47 PARR LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. All of the three 47 PARR 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
2008 14 OCT	£158,500	£132,535	20% above HPI
2007 24 AUG	£170,000	£140,172	21% above HPI
2000 17 NOV	£62,500	£54,475	15% above HPI

47 PARR 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 three 47 PARR LANE sales between November 2000 and October 2008 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 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2008 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 47 PARR LANE be worth now?

47 PARR LANE might now be worth an estimated £255,094.

This is based on house price inflation of 60.9%, between October 2008 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 60.9% inflationary increase is applied to the most recent sale price for 47 PARR LANE of £158,500 on 14th October 2008. For the value to have increased from £158,500 to £255,094 over the eighteen years and five months to May 2026, the following assumptions must hold true:

• The value of 47 PARR LANE has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The October 2008 sale price of £158,500 represented a fair market value for the property.
• The size, condition, and specification of 47 PARR LANE has not materially changed since October 2008.

How Large is 47 PARR LANE?

47 PARR LANE is 62m² according to the EPC inspection conducted in May 2014. 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 47 PARR LANE lies on this distribution: 7% of semi-detached houses are smaller than 47 PARR LANE, and 92% of semi-detached houses are larger. Note that EPC data is not available for all properties in Eccleston.

47 PARR LANE: Plot

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

Where is 47 PARR LANE?

47 PARR LANE is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 47 on PARR LANE.