PARK VIEW, HOGHTON LANE, HOGHTON, PRESTON, PR5 0JD - £595,000

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.

PARK VIEW is a large extended detached house of 190m², built sometime between 1900 and 1929, which could now be worth an estimated £721,583. It was last sold for £595,000 in September 2020, which was around 122% above the average September 2020 detached price in the Chorley local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

PARK VIEW Sold Prices

Land registry data shows two sales for PARK VIEW 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 PARK VIEW 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 10 SEP	£595,000	£267,693	122% above HPI
1998 8 MAY	£240,000	£83,071	189% above HPI

PARK VIEW 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 PARK VIEW sales from May 1998 and September 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 May 1998 sale was for 189% above the HPI. So the extrapolation line tracks at 189% above the HPI over time, until the September 2020 sale, where it falls to 122% above the HPI. The line then continues to track at 122% above the HPI.

What might PARK VIEW be worth now?

PARK VIEW might now be worth an estimated £721,583.

This is based on house price inflation of 21.3%, between September 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 21.3% inflationary increase is applied to the most recent sale price for PARK VIEW of £595,000 on 10th September 2020. For the value to have increased from £595,000 to £721,583 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of PARK VIEW has moved in line with the HPI for detached houses in the Chorley local authority area.
• The September 2020 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of PARK VIEW has not materially changed since September 2020.

How Large is PARK VIEW?

PARK VIEW is 190m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 40% of detached houses houses in Hoghton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoghton, and where PARK VIEW lies on this distribution: 67% of detached houses houses are smaller than PARK VIEW, and 33% of houses are larger. Note that EPC data is not available for all properties in Hoghton.

PARK VIEW: Plot and Title Map

PARK VIEW sits on a plot of roughly 0.500 of an acre, or 2,024m². The below map shows the location of PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

PARK VIEW is located on HOGHTON LANE in HOGHTON, in the PR5 postcode district. The below map shows the position of PARK VIEW on HOGHTON LANE.