38, KINGSMEAD, CHORLEY, PR7 3JY - £205,000

38 KINGSMEAD is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £205,000 in May 2020, which was around 25% below the average May 2020 detached price in the Chorley local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

38 KINGSMEAD Sold Prices

Land registry data shows three sales for 38 KINGSMEAD 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. All of the three 38 KINGSMEAD 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
2020 22 MAY	£205,000	£274,090	25% below HPI
2007 6 FEB	£181,000	£231,712	22% below HPI
2002 26 JUN	£99,000	£119,210	17% below HPI

38 KINGSMEAD 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 38 KINGSMEAD sales between June 2002 and May 2020 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 February 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 38 KINGSMEAD?

38 KINGSMEAD is 79m² according to the EPC inspection conducted in January 2020. 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 38 KINGSMEAD lies on this distribution: 12% of detached houses are smaller than 38 KINGSMEAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Chorley.

38 KINGSMEAD: Plot and Title Map

38 KINGSMEAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 38 KINGSMEAD, 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 38 KINGSMEAD). 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 38 KINGSMEAD?

38 KINGSMEAD is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 38 on KINGSMEAD.