6, LAWRENCE CLOSE, ECCLESTON, CHORLEY, PR7 5BF - £324,000

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.

6 LAWRENCE CLOSE is a midsized detached house of 124m², which could now be worth an estimated £491,660. It was last sold for £324,000 in August 2015, which was around 44% above the average August 2015 detached price in the Chorley local authority area. The most recent EPC inspection was February 2011, where the current energy rating was B, and the potential energy rating was B.

6 LAWRENCE CLOSE Sold Prices

Land registry data shows two sales for 6 LAWRENCE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Both of the two 6 LAWRENCE CLOSE 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
2015 25 AUG	£324,000	£225,471	44% above HPI
2011 17 JUN	£294,995	£200,067	47% above HPI

6 LAWRENCE CLOSE 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 6 LAWRENCE CLOSE sales from June 2011 and August 2015 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 June 2011 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2015 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 6 LAWRENCE CLOSE be worth now?

6 LAWRENCE CLOSE might now be worth an estimated £491,660.

This is based on house price inflation of 51.7%, between August 2015 and April 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 51.7% inflationary increase is applied to the most recent sale price for 6 LAWRENCE CLOSE of £324,000 on 25th August 2015. For the value to have increased from £324,000 to £491,660 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 6 LAWRENCE CLOSE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The August 2015 sale price of £324,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LAWRENCE CLOSE has not materially changed since August 2015.

How Large is 6 LAWRENCE CLOSE?

6 LAWRENCE CLOSE is 124m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 50% of detached houses in Eccleston, based on EPC data. The below chart shows the distribution of detached houses by size in Eccleston, and where 6 LAWRENCE CLOSE lies on this distribution: 49% of detached houses are smaller than 6 LAWRENCE CLOSE, and 51% of detached houses are larger. Note that EPC data is not available for all properties in Eccleston.

6 LAWRENCE CLOSE: Plot

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

Where is 6 LAWRENCE CLOSE?

6 LAWRENCE CLOSE is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 6 on LAWRENCE CLOSE.