5, PARR LANE, ECCLESTON, CHORLEY, PR7 5SL - £313,000

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.

5 PARR LANE is a large extended detached house of 137m², built sometime before 1900, which could now be worth an estimated £420,769. It was last sold for £313,000 in October 2018, which was around 22% above the average October 2018 detached price in the Chorley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

5 PARR LANE Sold Prices

Land registry data shows three sales for 5 PARR LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 5 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
2018 5 OCT	£313,000	£255,534	22% above HPI
2017 24 NOV	£310,000	£244,836	27% above HPI
2017 24 NOV	£310,000	£244,836	27% above HPI

What might 5 PARR LANE be worth now?

5 PARR LANE might now be worth an estimated £420,769.

This is based on house price inflation of 34.4%, between October 2018 and May 2026, for 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 34.4% inflationary increase is applied to the most recent sale price for 5 PARR LANE of £313,000 on 5th October 2018. For the value to have increased from £313,000 to £420,769 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 5 PARR LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The October 2018 sale price of £313,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARR LANE has not materially changed since October 2018.

How Large is 5 PARR LANE?

5 PARR LANE is 137m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses in Eccleston, based on EPC data. The below chart shows the distribution of detached houses by size in Eccleston, and where 5 PARR LANE lies on this distribution: 64% of detached houses are smaller than 5 PARR LANE, and 36% of detached houses are larger. Note that EPC data is not available for all properties in Eccleston.

5 PARR LANE: Plot

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

Where is 5 PARR LANE?

5 PARR LANE is located in ECCLESTON, in the PR7 postcode district.