22, KINGSMEAD, CHORLEY, PR7 3JY - £165,000

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.

22 KINGSMEAD is a very small extended detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £167,428. It was last sold for £165,000 in October 2022, which was around 48% below the average October 2022 detached price in the Chorley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

22 KINGSMEAD Sold Prices

Land registry data shows three sales for 22 KINGSMEAD 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 22 KINGSMEAD sales were for below 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 OCT	£165,000	£319,936	48% below HPI
2011 26 AUG	£120,000	£212,938	44% below HPI
1999 26 MAY	£54,650	£86,892	37% below HPI

22 KINGSMEAD 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 22 KINGSMEAD sales between May 1999 and October 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 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 22 KINGSMEAD be worth now?

22 KINGSMEAD might now be worth an estimated £167,428.

This is based on house price inflation of 1.5%, between October 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 1.5% inflationary increase is applied to the most recent sale price for 22 KINGSMEAD of £165,000 on 7th October 2022. For the value to have increased from £165,000 to £167,428 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 KINGSMEAD has moved in line with the HPI for detached houses in the Chorley local authority area.
• The October 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 22 KINGSMEAD has not materially changed since October 2022.

How Large is 22 KINGSMEAD?

22 KINGSMEAD is 57m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 22 KINGSMEAD lies on this distribution: 1% of detached houses houses are smaller than 22 KINGSMEAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Chorley.

22 KINGSMEAD: Plot and Title Map

22 KINGSMEAD sits on a plot of roughly 0.623 of an acre, or 2,521m². The below map shows the location of 22 KINGSMEAD, 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 22 KINGSMEAD). 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 22 KINGSMEAD?

22 KINGSMEAD is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 22 on KINGSMEAD.