38, STANSTED ROAD, CHORLEY, PR7 2QY - £255,000

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

38 STANSTED ROAD is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £255,000 in March 2021, which was around 11% below the average March 2021 detached price in the Chorley local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

38 STANSTED ROAD Sold Prices

Land registry data shows three sales for 38 STANSTED 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. All of the three 38 STANSTED ROAD 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 11 MAR	£255,000	£287,982	11% below HPI
2011 28 OCT	£150,000	£220,865	32% below HPI
2011 30 SEP	£175,000	£226,177	23% below HPI

38 STANSTED 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 STANSTED ROAD sales between September 2011 and March 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 October 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 38 STANSTED ROAD?

38 STANSTED ROAD is 77m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 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 38 STANSTED ROAD lies on this distribution: 9% of detached houses are smaller than 38 STANSTED ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Chorley.

38 STANSTED ROAD: Plot and Title Map

38 STANSTED ROAD sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 38 STANSTED 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 STANSTED 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 STANSTED ROAD?

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