16, NEW MILL STREET, ECCLESTON, CHORLEY, PR7 5FT - £362,500

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.

16 NEW MILL STREET is a large detached house of 153m², which could now be worth an estimated £447,800. It was last sold for £362,500 in August 2019, which was around 38% above the average August 2019 detached price in the Chorley local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was A.

16 NEW MILL STREET Sold Prices

Land registry data shows three sales for 16 NEW MILL STREET 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 16 NEW MILL STREET 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
2019 22 AUG	£362,500	£262,803	38% above HPI
2016 20 DEC	£371,500	£230,211	61% above HPI
2015 30 JUN	£369,995	£221,145	67% above HPI

16 NEW MILL STREET 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 three 16 NEW MILL STREET sales between June 2015 and August 2019 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 December 2016 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the August 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 16 NEW MILL STREET be worth now?

16 NEW MILL STREET might now be worth an estimated £447,800.

This is based on house price inflation of 23.5%, between August 2019 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 23.5% inflationary increase is applied to the most recent sale price for 16 NEW MILL STREET of £362,500 on 22nd August 2019. For the value to have increased from £362,500 to £447,800 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 16 NEW MILL STREET has moved in line with the HPI for detached houses in the Chorley local authority area.
• The August 2019 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 16 NEW MILL STREET has not materially changed since August 2019.

How Large is 16 NEW MILL STREET?

16 NEW MILL STREET is 153m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses houses in Eccleston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eccleston, and where 16 NEW MILL STREET lies on this distribution: 77% of detached houses houses are smaller than 16 NEW MILL STREET, and 22% of houses are larger. Note that EPC data is not available for all properties in Eccleston.

16 NEW MILL STREET: Plot and Title Map

16 NEW MILL STREET sits on a plot of roughly 656.6 acres, or 2,657,018m². The below map shows the location of 16 NEW MILL STREET, 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 16 NEW MILL STREET). 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 16 NEW MILL STREET?

16 NEW MILL STREET is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 16 on NEW MILL STREET.