24, COTTAGE FIELDS, CHORLEY, PR7 3QE - £140,000

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

24 COTTAGE FIELDS is a very small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £140,000 in May 2011, which was around 34% below the average May 2011 detached price in the Chorley local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

24 COTTAGE FIELDS Sold Prices

Land registry data shows three sales for 24 COTTAGE FIELDS 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 24 COTTAGE FIELDS 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
2011 13 MAY	£140,000	£211,644	34% below HPI
1997 23 MAY	£59,950	£82,303	27% below HPI
1997 6 MAR	£59,850	£81,169	26% below HPI

24 COTTAGE FIELDS 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 24 COTTAGE FIELDS sales between March 1997 and May 2011 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 May 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2011 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 24 COTTAGE FIELDS?

24 COTTAGE FIELDS is 86m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 24 COTTAGE FIELDS lies on this distribution: 17% of detached houses are smaller than 24 COTTAGE FIELDS, and 83% of houses are larger. Note that EPC data is not available for all properties in Chorley.

24 COTTAGE FIELDS: Plot and Title Map

24 COTTAGE FIELDS sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 24 COTTAGE FIELDS, 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 24 COTTAGE FIELDS). 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 24 COTTAGE FIELDS?

24 COTTAGE FIELDS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 24 on COTTAGE FIELDS.