ROSE COTTAGE, TOWNGATE, ECCLESTON, CHORLEY, PR7 6ND - £249,500

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.

ROSE COTTAGE is a very small terraced house of 50m², built sometime before 1900, which could now be worth an estimated £427,789. It was last sold for £249,500 in February 2012, which was around 150% above the average February 2012 terraced price in the Chorley local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. Both of the two ROSE COTTAGE 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
2012 8 FEB	£249,500	£99,666	150% above HPI
1999 1 FEB	£83,000	£37,129	124% above HPI

ROSE COTTAGE 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 ROSE COTTAGE sales from February 1999 and February 2012 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 February 1999 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the February 2012 sale, where it rises to 150% above the HPI. The line then continues to track at 150% above the HPI.

What might ROSE COTTAGE be worth now?

ROSE COTTAGE might now be worth an estimated £427,789.

This is based on house price inflation of 71.5%, between February 2012 and May 2026, for terraced 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 71.5% inflationary increase is applied to the most recent sale price for ROSE COTTAGE of £249,500 on 8th February 2012. For the value to have increased from £249,500 to £427,789 over the thirteen years and nine months to May 2026, the following assumptions must hold true:

• The value of ROSE COTTAGE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The February 2012 sale price of £249,500 represented a fair market value for the property.
• The size, condition, and specification of ROSE COTTAGE has not materially changed since February 2012.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 50m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of terraced houses in Eccleston, based on EPC data. The below chart shows the distribution of terraced houses by size in Eccleston, and where ROSE COTTAGE lies on this distribution: 4% of terraced houses are smaller than ROSE COTTAGE, and 96% of terraced houses are larger. Note that EPC data is not available for all properties in Eccleston.

ROSE COTTAGE: Plot

ROSE COTTAGE sits on a plot of roughly 940.6 acres, or 3,806,451m².

Where is ROSE COTTAGE?

ROSE COTTAGE is located on TOWNGATE in ECCLESTON, in the PR7 postcode district. The below map shows the position of ROSE COTTAGE on TOWNGATE.