24, LAWRENCE LANE, ECCLESTON, CHORLEY, PR7 5SJ - £220,000

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.

24 LAWRENCE LANE is a very small detached house of 78m², which could now be worth an estimated £270,346. It was last sold for £220,000 in July 2020, which was around 17% below the average July 2020 detached price in the Chorley local authority area. The most recent EPC inspection was March 2010, where the current energy rating was B, and the potential energy rating was B.

24 LAWRENCE LANE Sold Prices

Land registry data shows three sales for 24 LAWRENCE LANE 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 24 LAWRENCE LANE sales were for below 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
2020 31 JUL	£220,000	£264,185	17% below HPI
2012 12 APR	£192,000	£199,690	4% below HPI
2010 12 NOV	£194,995	£212,737	8% below HPI

24 LAWRENCE LANE 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 24 LAWRENCE LANE sales between November 2010 and July 2020 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 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 24 LAWRENCE LANE be worth now?

24 LAWRENCE LANE might now be worth an estimated £270,346.

This is based on house price inflation of 22.9%, between July 2020 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 22.9% inflationary increase is applied to the most recent sale price for 24 LAWRENCE LANE of £220,000 on 31st July 2020. For the value to have increased from £220,000 to £270,346 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 24 LAWRENCE LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The July 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LAWRENCE LANE has not materially changed since July 2020.

How Large is 24 LAWRENCE LANE?

24 LAWRENCE LANE is 78m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% 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 24 LAWRENCE LANE lies on this distribution: 8% of detached houses houses are smaller than 24 LAWRENCE LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Eccleston.

24 LAWRENCE LANE: Plot and Title Map

24 LAWRENCE LANE sits on a plot of roughly 656.6 acres, or 2,657,018m². The below map shows the location of 24 LAWRENCE LANE, 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 24 LAWRENCE LANE). 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 24 LAWRENCE LANE?

24 LAWRENCE LANE is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 24 on LAWRENCE LANE.