31, BURGH MEADOWS, CHORLEY, PR7 3LR - £280,000

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

31 BURGH MEADOWS is a small extended detached house of 105m², built sometime between 1983 and 1990. It was last sold for £280,000 in September 2021, which was around 8% below the average September 2021 detached price in the Chorley local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

31 BURGH MEADOWS Sold Prices

Land registry data shows four sales for 31 BURGH MEADOWS 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 31 BURGH MEADOWS 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
2021 29 SEP	£280,000	£304,920	8% below HPI
2011 9 DEC	£190,000	£217,936	13% below HPI
2000 14 APR	£75,000	£96,842	23% below HPI
1997 18 JUN	£65,000	£82,774	21% below HPI

31 BURGH MEADOWS 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 31 BURGH MEADOWS sales between June 1997 and September 2021 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 December 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 31 BURGH MEADOWS?

31 BURGH MEADOWS is 105m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 31 BURGH MEADOWS lies on this distribution: 39% of detached houses are smaller than 31 BURGH MEADOWS, and 61% of houses are larger. Note that EPC data is not available for all properties in Chorley.

31 BURGH MEADOWS: Plot and Title Map

31 BURGH MEADOWS sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 31 BURGH MEADOWS, 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 31 BURGH MEADOWS). 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 31 BURGH MEADOWS?

31 BURGH MEADOWS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 31 on BURGH MEADOWS.