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 NEW STREET is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £477,500 in June 2022, which was around 50% above the average June 2022 detached price in the Chorley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 NEW STREET since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Two of the three 5 NEW STREET sales were for above the average price, whilst one was 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 |
---|---|---|---|
2022 1 JUN | £477,500 | £318,899 | 50% above HPI |
2018 20 DEC | £405,000 | £269,409 | 50% above HPI |
2017 19 APR | £240,000 | £251,047 | 4% below HPI |
The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The three 5 NEW STREET sales between April 2017 and June 2022 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 December 2018 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2022 sale, which was also at 50% above the HPI.
5 NEW STREET is 145m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses in Mawdesley, based on EPC data. The below chart shows the distribution of detached houses by size in Mawdesley, and where 5 NEW STREET lies on this distribution: 67% of detached houses are smaller than 5 NEW STREET, and 33% of houses are larger. Note that EPC data is not available for all properties in Mawdesley.
5 NEW STREET sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 5 NEW STREET, 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 NEW STREET). 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.
5 NEW STREET is located in MAWDESLEY, in the L40 postcode district. The below map shows the position of No. 5 on NEW STREET.