72, LAKELAND GARDENS, CHORLEY, PR7 2LS - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

72 LAKELAND GARDENS is a very small detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £213,260. It was last sold for £150,000 in November 2015, which was around 34% below the average November 2015 detached price in the Chorley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

72 LAKELAND GARDENS Sold Prices

Land registry data shows two sales for 72 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 72 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
2015 2 NOV	£150,000	£228,343	34% below HPI
2003 26 SEP	£115,000	£154,179	25% below HPI

72 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 72 LAKELAND GARDENS sales from September 2003 and November 2015 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 72 LAKELAND GARDENS be worth now?

72 LAKELAND GARDENS might now be worth an estimated £213,260.

This is based on house price inflation of 42.2%, between November 2015 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 42.2% inflationary increase is applied to the most recent sale price for 72 LAKELAND GARDENS of £150,000 on 2nd November 2015. For the value to have increased from £150,000 to £213,260 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 72 LAKELAND GARDENS has moved in line with the HPI for detached houses in the Chorley local authority area.
• The November 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 72 LAKELAND GARDENS has not materially changed since November 2015.

How Large is 72 LAKELAND GARDENS?

72 LAKELAND GARDENS is 75m² according to the EPC inspection conducted in May 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 72 LAKELAND GARDENS lies on this distribution: 8% of detached houses houses are smaller than 72 LAKELAND GARDENS, and 92% of houses are larger. Note that EPC data is not available for all properties in Chorley.

72 LAKELAND GARDENS: Plot and Title Map

72 LAKELAND GARDENS sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 72 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 72 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 72 LAKELAND GARDENS?

72 LAKELAND GARDENS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 72 on LAKELAND GARDENS.