14, COTTAGE FIELDS, CHORLEY, PR7 3QE - £155,000

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

14 COTTAGE FIELDS is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £155,000 in September 2009, which was around 28% below the average September 2009 detached price in the Chorley local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

14 COTTAGE FIELDS Sold Prices

Land registry data shows two sales for 14 COTTAGE FIELDS 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 14 COTTAGE FIELDS 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
2009 4 SEP	£155,000	£216,620	28% below HPI
1997 27 MAR	£49,500	£81,169	39% below HPI

14 COTTAGE FIELDS 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 14 COTTAGE FIELDS sales from March 1997 and September 2009 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 March 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2009 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 14 COTTAGE FIELDS?

14 COTTAGE FIELDS is 62m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 14 COTTAGE FIELDS lies on this distribution: 1% of detached houses are smaller than 14 COTTAGE FIELDS, and 98% of houses are larger. Note that EPC data is not available for all properties in Chorley.

14 COTTAGE FIELDS: Plot and Title Map

14 COTTAGE FIELDS sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 14 COTTAGE FIELDS, 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 14 COTTAGE FIELDS). 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 14 COTTAGE FIELDS?

14 COTTAGE FIELDS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 14 on COTTAGE FIELDS.