4A, WASHINGTON LANE, EUXTON, CHORLEY, PR7 6DE - £525,000

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.

4A WASHINGTON LANE is a small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £643,342. It was last sold for £525,000 in July 2020, which was around 99% above the average July 2020 detached price in the Chorley local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

4A WASHINGTON LANE Sold Prices

Land registry data shows two sales for 4A WASHINGTON LANE 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 4A WASHINGTON LANE 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
2020 16 JUL	£525,000	£264,185	99% above HPI
2019 4 JUN	£272,250	£257,998	6% above HPI

4A WASHINGTON 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 two 4A WASHINGTON LANE sales from June 2019 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 June 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2020 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 4A WASHINGTON LANE be worth now?

4A WASHINGTON LANE might now be worth an estimated £643,342.

This is based on house price inflation of 22.5%, between July 2020 and March 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 22.5% inflationary increase is applied to the most recent sale price for 4A WASHINGTON LANE of £525,000 on 16th July 2020. For the value to have increased from £525,000 to £643,342 over the five years and four months to March 2025, the following assumptions must hold true:

• The value of 4A WASHINGTON LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The July 2020 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 4A WASHINGTON LANE has not materially changed since July 2020.

How Large is 4A WASHINGTON LANE?

4A WASHINGTON LANE is 91m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Euxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Euxton, and where 4A WASHINGTON LANE lies on this distribution: 24% of detached houses houses are smaller than 4A WASHINGTON LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Euxton.

4A WASHINGTON LANE: Plot and Title Map

4A WASHINGTON LANE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 4A WASHINGTON 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 4A WASHINGTON 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 4A WASHINGTON LANE?

4A WASHINGTON LANE is located in EUXTON, in the PR7 postcode district. The below map shows the position of No. 4A on WASHINGTON LANE.