23, THE BOWERS, CHORLEY, PR7 3LA - £417,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 THE BOWERS is a midsized extended detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £425,399. It was last sold for £417,500 in February 2023, which was around 31% above the average February 2023 detached price in the Chorley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

23 THE BOWERS Sold Prices

Land registry data shows three sales for 23 THE BOWERS 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 23 THE BOWERS 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
2023 8 FEB	£417,500	£318,615	31% above HPI
2002 18 NOV	£148,000	£126,989	17% above HPI
2001 27 APR	£131,550	£93,539	41% above HPI

23 THE BOWERS 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 23 THE BOWERS sales between April 2001 and February 2023 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 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2023 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 23 THE BOWERS be worth now?

23 THE BOWERS might now be worth an estimated £425,399.

This is based on house price inflation of 1.9%, between February 2023 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 1.9% inflationary increase is applied to the most recent sale price for 23 THE BOWERS of £417,500 on 8th February 2023. For the value to have increased from £417,500 to £425,399 over the two years to February 2025, the following assumptions must hold true:

• The value of 23 THE BOWERS has moved in line with the HPI for detached houses in the Chorley local authority area.
• The February 2023 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 23 THE BOWERS has not materially changed since February 2023.

How Large is 23 THE BOWERS?

23 THE BOWERS is 114m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% 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 23 THE BOWERS lies on this distribution: 48% of detached houses houses are smaller than 23 THE BOWERS, and 51% of houses are larger. Note that EPC data is not available for all properties in Chorley.

23 THE BOWERS: Plot and Title Map

23 THE BOWERS sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 23 THE BOWERS, 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 23 THE BOWERS). 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 23 THE BOWERS?

23 THE BOWERS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 23 on THE BOWERS.