5, LICHFIELD ROAD, CHORLEY, PR7 2EA - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 LICHFIELD ROAD is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £165,000 in August 2018, which was around 37% below the average August 2018 detached price in the Chorley local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

5 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 5 LICHFIELD ROAD 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 LICHFIELD ROAD 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
2018 17 AUG	£165,000	£261,469	37% below HPI
2002 21 JUN	£60,000	£119,210	50% below HPI

5 LICHFIELD ROAD 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 LICHFIELD ROAD sales from June 2002 and August 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 2002 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 LICHFIELD ROAD?

5 LICHFIELD ROAD is 70m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 5 LICHFIELD ROAD lies on this distribution: 5% of detached houses are smaller than 5 LICHFIELD ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Chorley.

5 LICHFIELD ROAD: Plot and Title Map

5 LICHFIELD ROAD sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 5 LICHFIELD 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 5 LICHFIELD 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 5 LICHFIELD ROAD?

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