38, THE FARTHINGS, CHORLEY, PR7 1TP - £235,000

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

38 THE FARTHINGS is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £235,000 in July 2018, which was around 10% below the average July 2018 detached price in the Chorley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

38 THE FARTHINGS Sold Prices

Land registry data shows two sales for 38 THE FARTHINGS 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. One of the two 38 THE FARTHINGS sales was for below the average price, whilst the other was roughly equal to 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
2018 13 JUL	£235,000	£262,127	10% below HPI
2007 22 OCT	£239,950	£240,228	Close to HPI

38 THE FARTHINGS 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 38 THE FARTHINGS sales from October 2007 and July 2018 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 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 38 THE FARTHINGS?

38 THE FARTHINGS is 81m² according to the EPC inspection conducted in October 2017. 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 THE FARTHINGS lies on this distribution: 13% of detached houses are smaller than 38 THE FARTHINGS, and 86% of houses are larger. Note that EPC data is not available for all properties in Chorley.

38 THE FARTHINGS: Plot and Title Map

38 THE FARTHINGS sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 38 THE FARTHINGS, 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 THE FARTHINGS). 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 THE FARTHINGS?

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