THE SCHOOL HOUSE, BLACKBURN ROAD, HIGHER WHEELTON, CHORLEY, PR6 8HS - £297,000

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

THE SCHOOL HOUSE is a small extended detached house of 113m², built sometime before 1900. It was last sold for £297,000 in September 2023, which was around 12% below the average September 2023 detached price in the Chorley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

THE SCHOOL HOUSE Sold Prices

Land registry data shows three sales for THE SCHOOL HOUSE 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. One of the three THE SCHOOL HOUSE sales was for below the average price, whilst two were for above 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
2023 22 SEP	£297,000	£337,669	12% below HPI
2013 12 MAR	£235,000	£219,064	7% above HPI
1999 25 JUN	£105,000	£92,615	13% above HPI

THE SCHOOL HOUSE 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 THE SCHOOL HOUSE sales between June 1999 and September 2023 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 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE SCHOOL HOUSE?

THE SCHOOL HOUSE is 113m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses in Higher Wheelton, based on EPC data. The below chart shows the distribution of detached houses by size in Higher Wheelton, and where THE SCHOOL HOUSE lies on this distribution: 28% of detached houses are smaller than THE SCHOOL HOUSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Higher Wheelton.

THE SCHOOL HOUSE: Plot and Title Map

THE SCHOOL HOUSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of THE SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

THE SCHOOL HOUSE is located on BLACKBURN ROAD in HIGHER WHEELTON, in the PR6 postcode district. The below map shows the position of THE SCHOOL HOUSE on BLACKBURN ROAD.