222, PRESTON ROAD, COPPULL, CHORLEY, PR7 5EB - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

222 PRESTON ROAD is a very large extended detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £390,462. It was last sold for £370,000 in August 2023, which was around 14% above the average August 2023 detached price in the Chorley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

222 PRESTON ROAD Sold Prices

Land registry data shows two sales for 222 PRESTON ROAD 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 222 PRESTON ROAD sales 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 11 AUG	£370,000	£324,215	14% above HPI
2006 29 SEP	£325,000	£216,622	50% above HPI

222 PRESTON ROAD 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 222 PRESTON ROAD sales from September 2006 and August 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 September 2006 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 222 PRESTON ROAD be worth now?

222 PRESTON ROAD might now be worth an estimated £390,462.

This is based on house price inflation of 5.5%, between August 2023 and April 2026, 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 5.5% inflationary increase is applied to the most recent sale price for 222 PRESTON ROAD of £370,000 on 11th August 2023. For the value to have increased from £370,000 to £390,462 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of 222 PRESTON ROAD has moved in line with the HPI for detached houses in the Chorley local authority area.
• The August 2023 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 222 PRESTON ROAD has not materially changed since August 2023.

How Large is 222 PRESTON ROAD?

222 PRESTON ROAD is 131m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% 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 222 PRESTON ROAD lies on this distribution: 82% of detached houses houses are smaller than 222 PRESTON ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Coppull.

Where is 222 PRESTON ROAD?

222 PRESTON ROAD is located in COPPULL, in the PR7 postcode district. The below map shows the position of No. 222 on PRESTON ROAD.