1, LOWER BURGH WAY, CHORLEY, PR7 3TJ - £237,500

1 LOWER BURGH WAY is a large detached house of 125m², built sometime from 2007 onwards. It was last sold for £237,500 in June 2023, which was around 29% below the average June 2023 detached price in the Chorley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

1 LOWER BURGH WAY Sold Prices

Land registry data shows two sales for 1 LOWER BURGH WAY 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 1 LOWER BURGH WAY sales was for below the average price, whilst the other was 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 13 JUN	£237,500	£332,641	29% below HPI
2010 30 MAR	£277,450	£218,311	27% above HPI

1 LOWER BURGH WAY 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 1 LOWER BURGH WAY sales from March 2010 and June 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 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 LOWER BURGH WAY?

1 LOWER BURGH WAY is 125m² according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 1 LOWER BURGH WAY lies on this distribution: 62% of detached houses are smaller than 1 LOWER BURGH WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Chorley.

1 LOWER BURGH WAY: Plot and Title Map

1 LOWER BURGH WAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 1 LOWER BURGH WAY, 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 1 LOWER BURGH WAY). 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 1 LOWER BURGH WAY?

1 LOWER BURGH WAY is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 1 on LOWER BURGH WAY.