DILARAM, BURGH LANE, CHORLEY, PR7 3NT - £305,000

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

DILARAM is a very small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £305,000 in September 2021, which was about the average September 2021 detached price in the Chorley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

DILARAM Sold Prices

Land registry data shows two sales for DILARAM 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 DILARAM sales was roughly equal to 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
2021 29 SEP	£305,000	£304,920	Close to HPI
2006 24 MAR	£175,000	£214,033	18% below HPI

DILARAM 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 DILARAM sales from March 2006 and September 2021 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is DILARAM?

DILARAM is 88m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where DILARAM lies on this distribution: 18% of detached houses are smaller than DILARAM, and 81% of houses are larger. Note that EPC data is not available for all properties in Chorley.

DILARAM: Plot and Title Map

DILARAM sits on a plot of roughly 0.817 of an acre, or 3,305m². The below map shows the location of DILARAM, 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 DILARAM). 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 DILARAM?

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