3, BINBROOK PLACE, CHORLEY, PR7 2QU - £327,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 BINBROOK PLACE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £327,000 in January 2023, which was around 3% below the average January 2023 detached price in the Chorley local authority area. The most recent EPC inspection was August 2021, where the current energy rating was G, and the potential energy rating was C.

3 BINBROOK PLACE Sold Prices

Land registry data shows two sales for 3 BINBROOK PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Both of the two 3 BINBROOK PLACE 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
2023 12 JAN	£327,000	£338,767	3% below HPI
2021 17 SEP	£181,000	£304,920	41% below HPI

3 BINBROOK PLACE 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 two 3 BINBROOK PLACE sales from September 2021 and January 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 September 2021 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 BINBROOK PLACE?

3 BINBROOK PLACE is 78m² according to the EPC inspection conducted in August 2021. 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 3 BINBROOK PLACE lies on this distribution: 11% of detached houses are smaller than 3 BINBROOK PLACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chorley.

3 BINBROOK PLACE: Plot and Title Map

3 BINBROOK PLACE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 3 BINBROOK PLACE, 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 3 BINBROOK PLACE). 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 3 BINBROOK PLACE?

3 BINBROOK PLACE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 3 on BINBROOK PLACE.