71, THE FARTHINGS, CHORLEY, PR7 1SH - £265,000

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 THE FARTHINGS is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £265,000 in May 2019, which was about the average May 2019 detached price in the Chorley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

71 THE FARTHINGS Sold Prices

Land registry data shows two sales for 71 THE FARTHINGS 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. One of the two 71 THE FARTHINGS sales was roughly equal to the average price, whilst the other was for above 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
2019 30 MAY	£265,000	£265,522	Close to HPI
1997 23 MAY	£87,500	£82,303	6% above HPI

71 THE FARTHINGS 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 THE FARTHINGS sales from May 1997 and May 2019 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 May 1997 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 71 THE FARTHINGS?

71 THE FARTHINGS is 91m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% 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 THE FARTHINGS lies on this distribution: 23% of detached houses are smaller than 71 THE FARTHINGS, and 76% of houses are larger. Note that EPC data is not available for all properties in Chorley.

71 THE FARTHINGS: Plot and Title Map

71 THE FARTHINGS sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 71 THE FARTHINGS, 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 THE FARTHINGS). 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 THE FARTHINGS?

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