1, PARK STREET, CHORLEY, PR7 1ER - £192,500

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.

1 PARK STREET is a small extended detached house of 98m², built sometime before 1900, which could now be worth an estimated £211,853. It was last sold for £192,500 in December 2021, which was around 35% below the average December 2021 detached price in the Chorley local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

1 PARK STREET Sold Prices

Land registry data shows five sales for 1 PARK STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the five 1 PARK STREET 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
2021 1 DEC	£192,500	£294,986	35% below HPI
2009 21 DEC	£175,000	£208,738	16% below HPI
2007 14 SEP	£167,000	£227,655	27% below HPI
2007 9 FEB	£155,000	£221,257	30% below HPI
2001 19 DEC	£59,950	£102,801	42% below HPI

1 PARK STREET 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 five 1 PARK STREET sales between December 2001 and December 2021 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 December 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 1 PARK STREET be worth now?

1 PARK STREET might now be worth an estimated £211,853.

This is based on house price inflation of 10.1%, between December 2021 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 10.1% inflationary increase is applied to the most recent sale price for 1 PARK STREET of £192,500 on 1st December 2021. For the value to have increased from £192,500 to £211,853 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 PARK STREET has moved in line with the HPI for detached houses in the Chorley local authority area.
• The December 2021 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PARK STREET has not materially changed since December 2021.

How Large is 1 PARK STREET?

1 PARK STREET is 98m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chorley, and where 1 PARK STREET lies on this distribution: 30% of detached houses houses are smaller than 1 PARK STREET, and 69% of houses are larger. Note that EPC data is not available for all properties in Chorley.

1 PARK STREET: Plot and Title Map

1 PARK STREET sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 1 PARK STREET, 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 1 PARK STREET). 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 1 PARK STREET?

1 PARK STREET is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 1 on PARK STREET.