16, MEREFIELD, CHORLEY, PR7 1UR - £479,600

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 MEREFIELD is a very large detached house of 260m², built sometime between 1967 and 1975. It was last sold for £479,600 in July 2015, which was around 103% above the average July 2015 detached price in the Chorley local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

16 MEREFIELD Sold Prices

Land registry data shows four sales for 16 MEREFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the four 16 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
2015 30 JUL	£479,600	£236,243	103% above HPI
2011 10 NOV	£395,000	£218,108	81% above HPI
2003 10 JUL	£280,000	£155,443	80% above HPI
2001 31 MAY	£220,000	£99,738	121% above HPI

16 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 four 16 MEREFIELD sales between May 2001 and July 2015 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 2011 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the July 2015 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 16 MEREFIELD?

16 MEREFIELD is 260m² according to the EPC inspection conducted in October 2013. This puts it in the largest 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 16 MEREFIELD lies on this distribution: 99% of detached houses are smaller than 16 MEREFIELD, and 1% of houses are larger. Note that EPC data is not available for all properties in Chorley.

16 MEREFIELD: Plot and Title Map

16 MEREFIELD sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of 16 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 16 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 16 MEREFIELD?

16 MEREFIELD is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 16 on MEREFIELD.