41, PRESTON ROAD, CHORLEY, PR7 1PL - £222,000

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 PRESTON ROAD is a small extended semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £252,032. It was last sold for £222,000 in September 2021, which was around 25% above the average September 2021 semi-detached price in the Chorley local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

41 PRESTON ROAD Sold Prices

Land registry data shows three sales for 41 PRESTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. All of the three 41 PRESTON ROAD 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
2021 21 SEP	£222,000	£177,598	25% above HPI
2015 16 MAR	£165,000	£127,481	29% above HPI
2003 30 MAY	£115,000	£82,090	40% above HPI

41 PRESTON ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chorley local authority area over time, sourced from the HPI. The three 41 PRESTON ROAD sales between May 2003 and September 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 March 2015 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 41 PRESTON ROAD be worth now?

41 PRESTON ROAD might now be worth an estimated £252,032.

This is based on house price inflation of 13.5%, between September 2021 and February 2025, for semi-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 13.5% inflationary increase is applied to the most recent sale price for 41 PRESTON ROAD of £222,000 on 21st September 2021. For the value to have increased from £222,000 to £252,032 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 41 PRESTON ROAD has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The September 2021 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 41 PRESTON ROAD has not materially changed since September 2021.

How Large is 41 PRESTON ROAD?

41 PRESTON ROAD is 90m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% of semi-detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chorley, and where 41 PRESTON ROAD lies on this distribution: 21% of semi-detached houses houses are smaller than 41 PRESTON ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Chorley.

41 PRESTON ROAD: Plot and Title Map

41 PRESTON ROAD sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 41 PRESTON 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 41 PRESTON 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 41 PRESTON ROAD?

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