1, MELROSE GARDENS, CROSTON, LEYLAND, PR26 9HR - £310,000

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.

1 MELROSE GARDENS is a small detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £357,469. It was last sold for £310,000 in April 2021, which was around 10% above the average April 2021 detached price in the Chorley local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

1 MELROSE GARDENS Sold Prices

Land registry data shows two sales for 1 MELROSE GARDENS 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 1 MELROSE GARDENS 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
2021 1 APR	£310,000	£281,533	10% above HPI
1998 3 APR	£126,500	£83,343	52% above HPI

1 MELROSE GARDENS 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 1 MELROSE GARDENS sales from April 1998 and April 2021 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 April 1998 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the April 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 MELROSE GARDENS be worth now?

1 MELROSE GARDENS might now be worth an estimated £357,469.

This is based on house price inflation of 15.3%, between April 2021 and February 2025, 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 15.3% inflationary increase is applied to the most recent sale price for 1 MELROSE GARDENS of £310,000 on 1st April 2021. For the value to have increased from £310,000 to £357,469 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 1 MELROSE GARDENS has moved in line with the HPI for detached houses in the Chorley local authority area.
• The April 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MELROSE GARDENS has not materially changed since April 2021.

How Large is 1 MELROSE GARDENS?

1 MELROSE GARDENS is 110m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses houses in Croston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Croston, and where 1 MELROSE GARDENS lies on this distribution: 33% of detached houses houses are smaller than 1 MELROSE GARDENS, and 65% of houses are larger. Note that EPC data is not available for all properties in Croston.

1 MELROSE GARDENS: Plot and Title Map

1 MELROSE GARDENS sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 1 MELROSE GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 MELROSE GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 MELROSE GARDENS?

1 MELROSE GARDENS is located in CROSTON, in the PR26 postcode district. The below map shows the position of No. 1 on MELROSE GARDENS.