APARTMENT, RAINBOW HOUSE, RAILWAY ROAD, ADLINGTON, CHORLEY, PR6 9RB - £115,000

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

APARTMENT is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £115,000 in March 2005, which was around 46% below the average March 2005 detached price in the Chorley local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was D.

APARTMENT Sold Prices

Land registry data shows two sales for APARTMENT 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 APARTMENT 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
2005 7 MAR	£115,000	£213,649	46% below HPI
2002 27 MAY	£40,000	£116,876	66% below HPI

APARTMENT 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 APARTMENT sales from May 2002 and March 2005 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 2002 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the March 2005 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is APARTMENT?

APARTMENT is 68m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Adlington, based on EPC data. The below chart shows the distribution of detached houses by size in Adlington, and where APARTMENT lies on this distribution: 5% of detached houses are smaller than APARTMENT, and 94% of houses are larger. Note that EPC data is not available for all properties in Adlington.

APARTMENT: Plot and Title Map

APARTMENT sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of APARTMENT, 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 APARTMENT). 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 APARTMENT?

APARTMENT, RAINBOW HOUSE is located on RAILWAY ROAD in ADLINGTON, in the PR6 postcode district. The below map shows the position of APARTMENT, RAINBOW HOUSE on RAILWAY ROAD.