BRANCLYST, BURGH LANE, CHORLEY, PR7 3NP - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BRANCLYST is a midsized extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £295,000 in October 2017, which was around 14% above the average October 2017 detached price in the Chorley local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was D.

BRANCLYST Sold Prices

Land registry data shows two sales for BRANCLYST 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 BRANCLYST sales was for above the average price, whilst the other was 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
2017 2 OCT	£295,000	£258,646	14% above HPI
2013 11 OCT	£200,000	£217,481	8% below HPI

BRANCLYST 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 BRANCLYST sales from October 2013 and October 2017 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 October 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is BRANCLYST?

BRANCLYST is 113m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the smallest 50% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where BRANCLYST lies on this distribution: 47% of detached houses are smaller than BRANCLYST, and 52% of houses are larger. Note that EPC data is not available for all properties in Chorley.

BRANCLYST: Plot and Title Map

BRANCLYST sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of BRANCLYST, 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 BRANCLYST). 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 BRANCLYST?

BRANCLYST is located on BURGH LANE in CHORLEY, in the PR7 postcode district. The below map shows the position of BRANCLYST on BURGH LANE.