10, LICHFIELD ROAD, CHORLEY, PR7 2EA - £165,000

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.

10 LICHFIELD ROAD is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £202,780. It was last sold for £165,000 in September 2019, which was around 37% below the average September 2019 detached price in the Chorley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

10 LICHFIELD ROAD Sold Prices

Land registry data shows three sales for 10 LICHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 10 LICHFIELD ROAD 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
2019 30 SEP	£165,000	£263,421	37% below HPI
2000 10 NOV	£53,500	£96,555	45% below HPI
1996 30 AUG	£53,000	£78,631	33% below HPI

10 LICHFIELD ROAD 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 three 10 LICHFIELD ROAD sales between August 1996 and September 2019 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 November 2000 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 10 LICHFIELD ROAD be worth now?

10 LICHFIELD ROAD might now be worth an estimated £202,780.

This is based on house price inflation of 22.9%, between September 2019 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 22.9% inflationary increase is applied to the most recent sale price for 10 LICHFIELD ROAD of £165,000 on 30th September 2019. For the value to have increased from £165,000 to £202,780 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 10 LICHFIELD ROAD has moved in line with the HPI for detached houses in the Chorley local authority area.
• The September 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LICHFIELD ROAD has not materially changed since September 2019.

How Large is 10 LICHFIELD ROAD?

10 LICHFIELD ROAD is 77m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 10 LICHFIELD ROAD lies on this distribution: 9% of detached houses houses are smaller than 10 LICHFIELD ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Chorley.

10 LICHFIELD ROAD: Plot and Title Map

10 LICHFIELD ROAD sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 10 LICHFIELD ROAD, 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 10 LICHFIELD ROAD). 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 10 LICHFIELD ROAD?

10 LICHFIELD ROAD is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 10 on LICHFIELD ROAD.