34, MEREFIELD, CHORLEY, PR7 1UR - £600,000

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

34 MEREFIELD is a very large detached house of 213m², built sometime between 1976 and 1982. It was last sold for £600,000 in December 2023, which was around 75% above the average December 2023 detached price in the Chorley local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

34 MEREFIELD Sold Prices

Land registry data shows four sales for 34 MEREFIELD 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 34 MEREFIELD 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 15 DEC	£600,000	£343,153	75% above HPI
2019 21 AUG	£440,000	£275,220	60% above HPI
2013 26 APR	£335,000	£219,831	52% above HPI
2006 3 AUG	£333,000	£226,065	47% above HPI

34 MEREFIELD 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 34 MEREFIELD sales between August 2006 and December 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 August 2019 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the December 2023 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 34 MEREFIELD?

34 MEREFIELD is 213m² according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 34 MEREFIELD lies on this distribution: 97% of detached houses are smaller than 34 MEREFIELD, and 3% of houses are larger. Note that EPC data is not available for all properties in Chorley.

34 MEREFIELD: Plot and Title Map

34 MEREFIELD sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 34 MEREFIELD, 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 34 MEREFIELD). 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 34 MEREFIELD?

34 MEREFIELD is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 34 on MEREFIELD.