Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 NEW MILL STREET is a large detached house of 140m². It was last sold for £426,000 in April 2024, which was around 25% above the average April 2024 detached price in the Chorley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 2 NEW MILL STREET since 1st 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 2 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 |
---|---|---|---|
2024 16 APR | £426,000 | £339,593 | 25% above HPI |
2016 28 OCT | £349,995 | £251,405 | 39% above HPI |
The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 2 NEW MILL STREET sales from October 2016 and April 2024 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 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2024 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
2 NEW MILL STREET is 140m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Eccleston, based on EPC data. The below chart shows the distribution of detached houses by size in Eccleston, and where 2 NEW MILL STREET lies on this distribution: 68% of detached houses are smaller than 2 NEW MILL STREET, and 30% of houses are larger. Note that EPC data is not available for all properties in Eccleston.
2 NEW MILL STREET sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 2 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 2 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.
2 NEW MILL STREET is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 2 on NEW MILL STREET.