5, FIFE CLOSE, CHORLEY, PR6 0NN - £147,000

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 FIFE CLOSE is a very small extended detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £199,076. It was last sold for £147,000 in April 2017, which was around 39% below the average April 2017 detached price in the Chorley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

5 FIFE CLOSE Sold Prices

Land registry data shows two sales for 5 FIFE CLOSE 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 FIFE CLOSE 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
2017 11 APR	£147,000	£239,720	39% below HPI
2014 28 FEB	£112,000	£205,688	46% below HPI

5 FIFE CLOSE 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 FIFE CLOSE sales from February 2014 and April 2017 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 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2017 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 5 FIFE CLOSE be worth now?

5 FIFE CLOSE might now be worth an estimated £199,076.

This is based on house price inflation of 35.4%, between April 2017 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 35.4% inflationary increase is applied to the most recent sale price for 5 FIFE CLOSE of £147,000 on 11th April 2017. For the value to have increased from £147,000 to £199,076 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 5 FIFE CLOSE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The April 2017 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FIFE CLOSE has not materially changed since April 2017.

How Large is 5 FIFE CLOSE?

5 FIFE CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% 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 FIFE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 5 FIFE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chorley.

5 FIFE CLOSE: Plot and Title Map

5 FIFE CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 5 FIFE CLOSE, 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 FIFE CLOSE). 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 FIFE CLOSE?

5 FIFE CLOSE is located in CHORLEY, in the PR6 postcode district. The below map shows the position of No. 5 on FIFE CLOSE.