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
8 BOURNES ROW is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £187,000 in April 2022, which was around 42% below the average April 2022 detached price in the Chorley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 8 BOURNES ROW since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the four 8 BOURNES ROW 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 |
---|---|---|---|
2022 29 APR | £187,000 | £321,205 | 42% below HPI |
2022 31 MAR | £170,050 | £322,343 | 47% below HPI |
2021 28 MAY | £168,500 | £295,433 | 43% below HPI |
1998 14 AUG | £74,000 | £89,003 | 17% below HPI |
The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The four 8 BOURNES ROW sales between August 1998 and April 2022 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 March 2022 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
8 BOURNES ROW is 86m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Gregson Lane, based on EPC data. The below chart shows the distribution of detached houses by size in Gregson Lane, and where 8 BOURNES ROW lies on this distribution: 22% of detached houses are smaller than 8 BOURNES ROW, and 77% of houses are larger. Note that EPC data is not available for all properties in Gregson Lane.
8 BOURNES ROW sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 8 BOURNES ROW, 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 8 BOURNES ROW). 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.
8 BOURNES ROW is located in HOGHTON, in the PR5 postcode district. The below map shows the position of No. 8 on BOURNES ROW.