THE BUNGALOW, CROSS SWORDS CLOSE, CHORLEY, PR7 2NX - £202,500

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

THE BUNGALOW is a midsized detached house of 118m², built sometime between 1991 and 1995. It was last sold for £202,500 in August 2016, which was around 18% below the average August 2016 detached price in the Chorley local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW 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
2016 24 AUG	£202,500	£245,677	18% below HPI
2003 3 MAY	£110,000	£147,185	25% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from May 2003 and August 2016 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 118m² according to the EPC inspection conducted in July 2016. This puts it in the largest 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 THE BUNGALOW lies on this distribution: 52% of detached houses are smaller than THE BUNGALOW, and 47% of houses are larger. Note that EPC data is not available for all properties in Chorley.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on CROSS SWORDS CLOSE in CHORLEY, in the PR7 postcode district. The below map shows the position of THE BUNGALOW on CROSS SWORDS CLOSE.