71, LAKELAND GARDENS, CHORLEY, PR7 2LS - £135,000

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

71 LAKELAND GARDENS is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £135,000 in June 2004, which was around 28% below the average June 2004 detached price in the Chorley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

71 LAKELAND GARDENS Sold Prices

Land registry data shows two sales for 71 LAKELAND GARDENS 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 71 LAKELAND GARDENS 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
2004 25 JUN	£135,000	£188,729	28% below HPI
2003 31 JUL	£105,000	£155,443	32% below HPI

71 LAKELAND GARDENS 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 71 LAKELAND GARDENS sales from July 2003 and June 2004 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 July 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2004 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 71 LAKELAND GARDENS?

71 LAKELAND GARDENS is 74m² according to the EPC inspection conducted in October 2016. 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 71 LAKELAND GARDENS lies on this distribution: 7% of detached houses are smaller than 71 LAKELAND GARDENS, and 92% of houses are larger. Note that EPC data is not available for all properties in Chorley.

71 LAKELAND GARDENS: Plot and Title Map

71 LAKELAND GARDENS sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 71 LAKELAND GARDENS, 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 71 LAKELAND GARDENS). 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 71 LAKELAND GARDENS?

71 LAKELAND GARDENS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 71 on LAKELAND GARDENS.