12, MEREFIELD, CHORLEY, PR7 1UR - £318,500

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

12 MEREFIELD is a very large detached house of 158m², built sometime between 1976 and 1982. It was last sold for £318,500 in May 2017, which was around 29% above the average May 2017 detached price in the Chorley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

12 MEREFIELD Sold Prices

Land registry data shows two sales for 12 MEREFIELD 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 12 MEREFIELD 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
2017 22 MAY	£318,500	£246,540	29% above HPI
2001 12 DEC	£192,500	£107,658	79% above HPI

12 MEREFIELD 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 12 MEREFIELD sales from December 2001 and May 2017 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 2001 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the May 2017 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 12 MEREFIELD?

12 MEREFIELD is 158m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 12 MEREFIELD lies on this distribution: 86% of detached houses are smaller than 12 MEREFIELD, and 13% of houses are larger. Note that EPC data is not available for all properties in Chorley.

12 MEREFIELD: Plot and Title Map

12 MEREFIELD sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of 12 MEREFIELD, 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 12 MEREFIELD). 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 12 MEREFIELD?

12 MEREFIELD is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 12 on MEREFIELD.