5, THE BOWERS, CHORLEY, PR7 3LA - £275,000

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 THE BOWERS is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £275,000 in February 2020, which was around 3% above the average February 2020 detached price in the Chorley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

5 THE BOWERS Sold Prices

Land registry data shows three sales for 5 THE BOWERS since 1^st 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 THE BOWERS 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
2020 7 FEB	£275,000	£265,742	3% above HPI
2017 8 SEP	£250,000	£253,766	1% below HPI
2000 24 FEB	£124,600	£96,940	29% above HPI

5 THE BOWERS 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 three 5 THE BOWERS sales between February 2000 and February 2020 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 September 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 5 THE BOWERS?

5 THE BOWERS is 113m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% 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 THE BOWERS lies on this distribution: 46% of detached houses are smaller than 5 THE BOWERS, and 52% of houses are larger. Note that EPC data is not available for all properties in Chorley.

5 THE BOWERS: Plot and Title Map

5 THE BOWERS sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 5 THE BOWERS, 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 THE BOWERS). 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 THE BOWERS?

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