31, SPRING MEADOW, LEYLAND, PR25 5UR - £177,000

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.

31 SPRING MEADOW is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £235,918. It was last sold for £177,000 in August 2017, which was around 27% below the average August 2017 detached price in the Chorley local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

31 SPRING MEADOW Sold Prices

Land registry data shows three sales for 31 SPRING MEADOW 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 31 SPRING MEADOW 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
2017 23 AUG	£177,000	£243,567	27% below HPI
2007 24 AUG	£165,000	£227,004	27% below HPI
1997 11 APR	£56,000	£78,400	29% below HPI

31 SPRING MEADOW 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 31 SPRING MEADOW sales between April 1997 and August 2017 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 August 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2017 sale, which was also at 27% below the HPI.

What might 31 SPRING MEADOW be worth now?

31 SPRING MEADOW might now be worth an estimated £235,918.

This is based on house price inflation of 33.3%, between August 2017 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 33.3% inflationary increase is applied to the most recent sale price for 31 SPRING MEADOW of £177,000 on 23rd August 2017. For the value to have increased from £177,000 to £235,918 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 31 SPRING MEADOW has moved in line with the HPI for detached houses in the Chorley local authority area.
• The August 2017 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SPRING MEADOW has not materially changed since August 2017.

How Large is 31 SPRING MEADOW?

31 SPRING MEADOW is 77m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 31 SPRING MEADOW lies on this distribution: 8% of detached houses houses are smaller than 31 SPRING MEADOW, and 91% of houses are larger. Note that EPC data is not available for all properties in Leyland.

31 SPRING MEADOW: Plot and Title Map

31 SPRING MEADOW sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 31 SPRING MEADOW, 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 31 SPRING MEADOW). 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 31 SPRING MEADOW?

31 SPRING MEADOW is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 31 on SPRING MEADOW.