38, MILLFIELD ROAD, CHORLEY, PR7 1RE - £208,500

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

38 MILLFIELD ROAD is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £208,500 in March 2016, which was around 12% below the average March 2016 detached price in the Chorley local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

38 MILLFIELD ROAD Sold Prices

Land registry data shows three sales for 38 MILLFIELD ROAD 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. Two of the three 38 MILLFIELD ROAD sales were for below the average price, whilst one was 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
2016 24 MAR	£208,500	£236,042	12% below HPI
2007 24 AUG	£240,000	£237,730	1% above HPI
1997 16 MAY	£69,000	£82,303	16% below HPI

38 MILLFIELD ROAD 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 38 MILLFIELD ROAD sales between May 1997 and March 2016 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 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 38 MILLFIELD ROAD?

38 MILLFIELD ROAD is 88m², which includes one extension, according to the EPC inspection conducted in August 2012. 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 38 MILLFIELD ROAD lies on this distribution: 18% of detached houses are smaller than 38 MILLFIELD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Chorley.

38 MILLFIELD ROAD: Plot and Title Map

38 MILLFIELD ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 38 MILLFIELD ROAD, 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 38 MILLFIELD ROAD). 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 38 MILLFIELD ROAD?

38 MILLFIELD ROAD is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 38 on MILLFIELD ROAD.