41, BURGH MEADOWS, CHORLEY, PR7 3LR - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 BURGH MEADOWS is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £275,788. It was last sold for £220,000 in November 2019, which was around 15% below the average November 2019 detached price in the Chorley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.

41 BURGH MEADOWS Sold Prices

Land registry data shows two sales for 41 BURGH MEADOWS 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. Both of the two 41 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
2019 18 NOV	£220,000	£258,972	15% below HPI
2009 24 JUL	£144,000	£206,189	30% below HPI

41 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 two 41 BURGH MEADOWS sales from July 2009 and November 2019 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 July 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 41 BURGH MEADOWS be worth now?

41 BURGH MEADOWS might now be worth an estimated £275,788.

This is based on house price inflation of 25.4%, between November 2019 and February 2025, for detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.4% inflationary increase is applied to the most recent sale price for 41 BURGH MEADOWS of £220,000 on 18th November 2019. For the value to have increased from £220,000 to £275,788 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 41 BURGH MEADOWS has moved in line with the HPI for detached houses in the Chorley local authority area.
• The November 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 41 BURGH MEADOWS has not materially changed since November 2019.

How Large is 41 BURGH MEADOWS?

41 BURGH MEADOWS is 117m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chorley, and where 41 BURGH MEADOWS lies on this distribution: 51% of detached houses houses are smaller than 41 BURGH MEADOWS, and 48% of houses are larger. Note that EPC data is not available for all properties in Chorley.

41 BURGH MEADOWS: Plot and Title Map

41 BURGH MEADOWS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 41 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 41 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 41 BURGH MEADOWS?

41 BURGH MEADOWS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 41 on BURGH MEADOWS.