71, LONG MEADOW, CHORLEY, PR7 2YB - £112,000

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

71 LONG MEADOW is a very small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £162,634. It was last sold for £112,000 in January 2007, which was around 50% below the average January 2007 detached price in the Chorley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

71 LONG MEADOW Sold Prices

Land registry data shows two sales for 71 LONG MEADOW 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 LONG MEADOW 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
2007 19 JAN	£112,000	£223,569	50% below HPI
1999 22 SEP	£46,500	£86,900	46% below HPI

71 LONG MEADOW 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 LONG MEADOW sales from September 1999 and January 2007 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 1999 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2007 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 71 LONG MEADOW be worth now?

71 LONG MEADOW might now be worth an estimated £162,634.

This is based on house price inflation of 45.2%, between January 2007 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 45.2% inflationary increase is applied to the most recent sale price for 71 LONG MEADOW of £112,000 on 19th January 2007. For the value to have increased from £112,000 to £162,634 over the seventeen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 71 LONG MEADOW has moved in line with the HPI for detached houses in the Chorley local authority area.
• The January 2007 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 71 LONG MEADOW has not materially changed since January 2007.

How Large is 71 LONG MEADOW?

71 LONG MEADOW is 72m² according to the EPC inspection conducted in November 2015. 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 71 LONG MEADOW lies on this distribution: 6% of detached houses houses are smaller than 71 LONG MEADOW, and 94% of houses are larger. Note that EPC data is not available for all properties in Chorley.

71 LONG MEADOW: Plot and Title Map

71 LONG MEADOW sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 71 LONG MEADOW, 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 LONG MEADOW). 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 LONG MEADOW?

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