17, OLD SCHOOL MEWS, CHORLEY, PR7 3JL - £150,000

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.

17 OLD SCHOOL MEWS is a very small terraced house of 72m², built sometime from 2007 onwards, which could now be worth an estimated £198,810. It was last sold for £150,000 in August 2020, which was around 19% above the average August 2020 terraced price in the Chorley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

17 OLD SCHOOL MEWS Sold Prices

Land registry data shows two sales for 17 OLD SCHOOL MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. Both of the two 17 OLD SCHOOL MEWS 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
2020 28 AUG	£150,000	£125,866	19% above HPI
2006 14 DEC	£149,950	£113,226	32% above HPI

17 OLD SCHOOL MEWS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chorley local authority area over time, sourced from the HPI. The two 17 OLD SCHOOL MEWS sales from December 2006 and August 2020 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 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 17 OLD SCHOOL MEWS be worth now?

17 OLD SCHOOL MEWS might now be worth an estimated £198,810.

This is based on house price inflation of 32.5%, between August 2020 and July 2025, for terraced 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 32.5% inflationary increase is applied to the most recent sale price for 17 OLD SCHOOL MEWS of £150,000 on 28th August 2020. For the value to have increased from £150,000 to £198,810 over the five years and one month to July 2025, the following assumptions must hold true:

• The value of 17 OLD SCHOOL MEWS has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The August 2020 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 17 OLD SCHOOL MEWS has not materially changed since August 2020.

How Large is 17 OLD SCHOOL MEWS?

17 OLD SCHOOL MEWS is 72m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of terraced houses houses in Chorley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chorley, and where 17 OLD SCHOOL MEWS lies on this distribution: 6% of terraced houses houses are smaller than 17 OLD SCHOOL MEWS, and 94% of houses are larger. Note that EPC data is not available for all properties in Chorley.

17 OLD SCHOOL MEWS: Plot and Title Map

17 OLD SCHOOL MEWS sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 17 OLD SCHOOL MEWS, 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 17 OLD SCHOOL MEWS). 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 17 OLD SCHOOL MEWS?

17 OLD SCHOOL MEWS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 17 on OLD SCHOOL MEWS.