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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PARK STREET is a small extended detached house of 98m², built sometime before 1900. It was last sold for £192,500 in December 2021, which was around 38% 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	£308,924	38% below HPI
2009 21 DEC	£175,000	£218,601	20% below HPI
2007 14 SEP	£167,000	£238,411	30% below HPI
2007 9 FEB	£155,000	£231,712	33% below HPI
2001 19 DEC	£59,950	£107,658	44% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

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 in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 1 PARK STREET lies on this distribution: 30% of detached 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.