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

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.

194 PRESTON ROAD is a very large extended detached house of 218m², built sometime before 1900, which could now be worth an estimated £828,534. It was last sold for £775,000 in May 2022, which was around 155% 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	£303,667	155% above HPI
2003 17 NOV	£450,000	£157,261	186% above HPI
1999 23 JUN	£287,000	£88,437	225% 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 186% above the HPI. So the extrapolation line tracks at 186% above the HPI over time, until the May 2022 sale, where it falls to 155% above the HPI. The line then continues to track at 155% above the HPI.

What might 194 PRESTON ROAD be worth now?

194 PRESTON ROAD might now be worth an estimated £828,534.

This is based on house price inflation of 6.9%, between May 2022 and February 2025, for detached 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 6.9% inflationary increase is applied to the most recent sale price for 194 PRESTON ROAD of £775,000 on 9th May 2022. For the value to have increased from £775,000 to £828,534 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 194 PRESTON ROAD has moved in line with the HPI for detached houses in the Chorley local authority area.
• The May 2022 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 194 PRESTON ROAD has not materially changed since May 2022.

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 houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chorley, and where 194 PRESTON ROAD lies on this distribution: 97% of detached houses 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 0.511 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.