5, THE FIELDS, ECCLESTON, CHORLEY, PR7 5SD - £166,000

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 THE FIELDS is a large semi-detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £235,800. It was last sold for £166,000 in December 2017, which was around 11% above the average December 2017 semi-detached price in the Chorley local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

5 THE FIELDS Sold Prices

Land registry data shows two sales for 5 THE FIELDS 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. One of the two 5 THE FIELDS sales was for above the average price, whilst the other was 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
2017 8 DEC	£166,000	£149,407	11% above HPI
2012 12 OCT	£115,000	£123,385	7% below HPI

5 THE FIELDS 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 5 THE FIELDS sales from October 2012 and December 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 October 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 5 THE FIELDS be worth now?

5 THE FIELDS might now be worth an estimated £235,800.

This is based on house price inflation of 42%, between December 2017 and March 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 42% inflationary increase is applied to the most recent sale price for 5 THE FIELDS of £166,000 on 8th December 2017. For the value to have increased from £166,000 to £235,800 over the nine years and nine months to March 2026, the following assumptions must hold true:

• The value of 5 THE FIELDS has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The December 2017 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE FIELDS has not materially changed since December 2017.

How Large is 5 THE FIELDS?

5 THE FIELDS is 100m² according to the EPC inspection conducted in February 2012. This puts it in the largest 30% 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 5 THE FIELDS lies on this distribution: 80% of semi-detached houses are smaller than 5 THE FIELDS, and 20% of semi-detached houses are larger. Note that EPC data is not available for all properties in Eccleston.

5 THE FIELDS: Plot

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

Where is 5 THE FIELDS?

5 THE FIELDS is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 5 on THE FIELDS.