194, PRESTON ROAD, CHORLEY, PR6 7AZ - £775,000

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

194 PRESTON ROAD is a very large extended detached house of 218m², built sometime before 1900. It was last sold for £775,000 in May 2022, which was around 144% above the average May 2022 detached price in the Chorley local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

194 PRESTON ROAD Sold Prices

Land registry data shows three sales for 194 PRESTON 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 194 PRESTON ROAD 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
2022 9 MAY	£775,000	£318,015	144% above HPI
2003 17 NOV	£450,000	£164,691	173% above HPI
1999 23 JUN	£287,000	£92,615	210% above HPI

194 PRESTON 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 194 PRESTON ROAD sales between June 1999 and May 2022 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 2003 sale was for 173% above the HPI. So the extrapolation line tracks at 173% above the HPI over time, until the May 2022 sale, where it falls to 144% above the HPI. The line then continues to track at 144% above the HPI.

How Large is 194 PRESTON ROAD?

194 PRESTON ROAD is 218m², which includes two extensions, according to the EPC inspection conducted in June 2021. 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 194 PRESTON ROAD lies on this distribution: 97% of detached houses are smaller than 194 PRESTON ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Chorley.

194 PRESTON ROAD: Plot and Title Map

194 PRESTON ROAD sits on a plot of roughly 0.510 of an acre, or 2,066m². The below map shows the location of 194 PRESTON 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 194 PRESTON 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 194 PRESTON ROAD?

194 PRESTON ROAD is located in CHORLEY, in the PR6 postcode district. The below map shows the position of No. 194 on PRESTON ROAD.