BROADOAK, PRESTON ROAD, CHARNOCK RICHARD, CHORLEY, PR7 5HH - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BROADOAK is a very large detached house of 169m², built sometime between 2003 and 2006, which could now be worth an estimated £614,701. It was last sold for £390,000 in March 2013, which was around 86% above the average March 2013 detached price in the Chorley local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

BROADOAK Sold Prices

Land registry data shows three sales for BROADOAK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Two of the three BROADOAK sales were for above the average price, whilst one 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
2013 14 MAR	£390,000	£209,181	86% above HPI
2006 13 OCT	£435,000	£216,558	101% above HPI
2005 13 APR	£175,000	£201,844	13% below HPI

BROADOAK 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 three BROADOAK sales between April 2005 and March 2013 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 2006 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the March 2013 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might BROADOAK be worth now?

BROADOAK might now be worth an estimated £614,701.

This is based on house price inflation of 57.6%, between March 2013 and December 2024, 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 57.6% inflationary increase is applied to the most recent sale price for BROADOAK of £390,000 on 14th March 2013. For the value to have increased from £390,000 to £614,701 over the ten years and three months to December 2024, the following assumptions must hold true:

• The value of BROADOAK has moved in line with the HPI for detached houses in the Chorley local authority area.
• The March 2013 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of BROADOAK has not materially changed since March 2013.

How Large is BROADOAK?

BROADOAK is 169m² according to the EPC inspection conducted in June 2011. This puts it in the largest 10% of detached houses houses in Coppull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coppull, and where BROADOAK lies on this distribution: 94% of detached houses houses are smaller than BROADOAK, and 6% of houses are larger. Note that EPC data is not available for all properties in Coppull.

BROADOAK: Plot and Title Map

BROADOAK sits on a plot of roughly 704.7 acres, or 2,851,714m². The below map shows the location of BROADOAK, 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 BROADOAK). 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 BROADOAK?

BROADOAK is located on PRESTON ROAD in CHARNOCK RICHARD, in the PR7 postcode district. The below map shows the position of BROADOAK on PRESTON ROAD.