38, RECTORY CLOSE, CROSTON, LEYLAND, PR26 9SH - £273,000

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.

38 RECTORY CLOSE is a midsized extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £388,133. It was last sold for £273,000 in November 2015, which was around 20% above the average November 2015 detached price in the Chorley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

38 RECTORY CLOSE Sold Prices

Land registry data shows two sales for 38 RECTORY CLOSE 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 38 RECTORY CLOSE 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
2015 17 NOV	£273,000	£228,343	20% above HPI
2005 24 JUN	£243,000	£199,631	22% above HPI

38 RECTORY CLOSE 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 38 RECTORY CLOSE sales from June 2005 and November 2015 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 June 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2015 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 38 RECTORY CLOSE be worth now?

38 RECTORY CLOSE might now be worth an estimated £388,133.

This is based on house price inflation of 42.2%, between November 2015 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 42.2% inflationary increase is applied to the most recent sale price for 38 RECTORY CLOSE of £273,000 on 17th November 2015. For the value to have increased from £273,000 to £388,133 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 38 RECTORY CLOSE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The November 2015 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 38 RECTORY CLOSE has not materially changed since November 2015.

How Large is 38 RECTORY CLOSE?

38 RECTORY CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% 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 38 RECTORY CLOSE lies on this distribution: 49% of detached houses houses are smaller than 38 RECTORY CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Croston.

38 RECTORY CLOSE: Plot and Title Map

38 RECTORY CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 38 RECTORY CLOSE, 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 38 RECTORY CLOSE). 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 38 RECTORY CLOSE?

38 RECTORY CLOSE is located in CROSTON, in the PR26 postcode district. The below map shows the position of No. 38 on RECTORY CLOSE.