5, DICK LANE, BRINSCALL, CHORLEY, PR6 8QH - £242,500

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.

5 DICK LANE is a small detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £322,431. It was last sold for £242,500 in February 2018, which was around 1% below the average February 2018 detached price in the Chorley local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

5 DICK LANE Sold Prices

Land registry data shows two sales for 5 DICK LANE 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 5 DICK LANE sales was for below the average price, whilst the other was 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
2018 22 FEB	£242,500	£244,164	1% below HPI
2003 6 JUN	£145,500	£143,317	2% above HPI

5 DICK LANE 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 DICK LANE sales from June 2003 and February 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 June 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 DICK LANE be worth now?

5 DICK LANE might now be worth an estimated £322,431.

This is based on house price inflation of 33%, between February 2018 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 33% inflationary increase is applied to the most recent sale price for 5 DICK LANE of £242,500 on 22nd February 2018. For the value to have increased from £242,500 to £322,431 over the seven years to February 2025, the following assumptions must hold true:

• The value of 5 DICK LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The February 2018 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 5 DICK LANE has not materially changed since February 2018.

How Large is 5 DICK LANE?

5 DICK LANE is 91m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses houses in Brinscall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brinscall, and where 5 DICK LANE lies on this distribution: 34% of detached houses houses are smaller than 5 DICK LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Brinscall.

5 DICK LANE: Plot and Title Map

5 DICK LANE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 5 DICK LANE, 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 DICK LANE). 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 DICK LANE?

5 DICK LANE is located in BRINSCALL, in the PR6 postcode district. The below map shows the position of No. 5 on DICK LANE.