5, BINBROOK PLACE, CHORLEY, PR7 2QU - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 BINBROOK PLACE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £185,000 in August 2015, which was around 18% below the average August 2015 detached price in the Chorley local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

5 BINBROOK PLACE Sold Prices

Land registry data shows two sales for 5 BINBROOK PLACE 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 5 BINBROOK PLACE 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
2015 28 AUG	£185,000	£225,471	18% below HPI
2010 12 FEB	£168,000	£207,688	19% below HPI

5 BINBROOK PLACE 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 5 BINBROOK PLACE sales from February 2010 and August 2015 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 February 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 BINBROOK PLACE be worth now?

5 BINBROOK PLACE might now be worth an estimated £270,522.

This is based on house price inflation of 46.2%, between August 2015 and December 2024, 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 46.2% inflationary increase is applied to the most recent sale price for 5 BINBROOK PLACE of £185,000 on 28th August 2015. For the value to have increased from £185,000 to £270,522 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 BINBROOK PLACE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The August 2015 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BINBROOK PLACE has not materially changed since August 2015.

How Large is 5 BINBROOK PLACE?

5 BINBROOK PLACE is 91m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 30% 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 5 BINBROOK PLACE lies on this distribution: 24% of detached houses houses are smaller than 5 BINBROOK PLACE, and 76% of houses are larger. Note that EPC data is not available for all properties in Chorley.

5 BINBROOK PLACE: Plot and Title Map

5 BINBROOK PLACE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 5 BINBROOK PLACE, 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 5 BINBROOK PLACE). 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 5 BINBROOK PLACE?

5 BINBROOK PLACE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 5 on BINBROOK PLACE.