4, THE ROWANS, ADLINGTON, CHORLEY, PR6 9NF - £285,000

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.

4 THE ROWANS is a midsized extended detached house of 117m², built sometime between 2003 and 2006, which could now be worth an estimated £317,924. It was last sold for £285,000 in April 2022, which was around 7% below the average April 2022 detached price in the Chorley local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

4 THE ROWANS Sold Prices

Land registry data shows two sales for 4 THE ROWANS 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 4 THE ROWANS 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
2022 19 APR	£285,000	£306,713	7% below HPI
2018 11 JUL	£241,000	£250,300	4% below HPI

4 THE ROWANS 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 4 THE ROWANS sales from July 2018 and April 2022 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 July 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 THE ROWANS be worth now?

4 THE ROWANS might now be worth an estimated £317,924.

This is based on house price inflation of 11.6%, between April 2022 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 11.6% inflationary increase is applied to the most recent sale price for 4 THE ROWANS of £285,000 on 19th April 2022. For the value to have increased from £285,000 to £317,924 over the four years to April 2026, the following assumptions must hold true:

• The value of 4 THE ROWANS has moved in line with the HPI for detached houses in the Chorley local authority area.
• The April 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE ROWANS has not materially changed since April 2022.

How Large is 4 THE ROWANS?

4 THE ROWANS is 117m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% of detached houses houses in Adlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Adlington, and where 4 THE ROWANS lies on this distribution: 48% of detached houses houses are smaller than 4 THE ROWANS, and 50% of houses are larger. Note that EPC data is not available for all properties in Adlington.

4 THE ROWANS: Plot and Title Map

4 THE ROWANS sits on a plot of roughly 0.630 of an acre, or 2,551m². The below map shows the location of 4 THE ROWANS, 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 4 THE ROWANS). 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 4 THE ROWANS?

4 THE ROWANS is located in ADLINGTON, in the PR6 postcode district. The below map shows the position of No. 4 on THE ROWANS.