21, MEREFIELD, CHORLEY, PR7 1UP - £680,000

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

21 MEREFIELD is a very large extended detached house of 191m², built sometime between 1976 and 1982. It was last sold for £680,000 in December 2022, which was around 101% above the average December 2022 detached price in the Chorley local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

21 MEREFIELD Sold Prices

Land registry data shows four sales for 21 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 21 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
2022 7 DEC	£680,000	£337,549	101% above HPI
2020 4 AUG	£575,000	£276,079	108% above HPI
2007 16 MAR	£315,500	£228,630	38% above HPI
2001 7 AUG	£190,000	£106,511	78% above HPI

21 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 21 MEREFIELD sales between August 2001 and December 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 August 2020 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the December 2022 sale, where it falls to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is 21 MEREFIELD?

21 MEREFIELD is 191m², which includes one extension, according to the EPC inspection conducted in September 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 21 MEREFIELD lies on this distribution: 95% of detached houses are smaller than 21 MEREFIELD, and 5% of houses are larger. Note that EPC data is not available for all properties in Chorley.

21 MEREFIELD: Plot and Title Map

21 MEREFIELD sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of 21 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 21 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 21 MEREFIELD?

21 MEREFIELD is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 21 on MEREFIELD.