77, PILLING LANE, CHORLEY, PR7 3ED - £119,000

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.

77 PILLING LANE is a very small terraced house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £129,849. It was last sold for £119,000 in June 2023, which was around 24% below the average June 2023 terraced price in the Chorley local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

77 PILLING LANE Sold Prices

Land registry data shows five sales for 77 PILLING LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. Most of the five 77 PILLING LANE 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
2023 16 JUN	£119,000	£156,608	24% below HPI
2021 13 AUG	£111,000	£145,091	23% below HPI
2007 20 APR	£106,000	£113,452	7% below HPI
2000 12 SEP	£45,000	£40,574	11% above HPI
2000 28 JAN	£20,000	£40,702	51% below HPI

77 PILLING LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chorley local authority area over time, sourced from the HPI. The five 77 PILLING LANE sales between January 2000 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 August 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 77 PILLING LANE be worth now?

77 PILLING LANE might now be worth an estimated £129,849.

This is based on house price inflation of 9.1%, between June 2023 and May 2026, for terraced 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 9.1% inflationary increase is applied to the most recent sale price for 77 PILLING LANE of £119,000 on 16th June 2023. For the value to have increased from £119,000 to £129,849 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 77 PILLING LANE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The June 2023 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 77 PILLING LANE has not materially changed since June 2023.

How Large is 77 PILLING LANE?

77 PILLING LANE is 75m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of terraced houses houses in Chorley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chorley, and where 77 PILLING LANE lies on this distribution: 8% of terraced houses houses are smaller than 77 PILLING LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chorley.

77 PILLING LANE: Plot and Title Map

77 PILLING LANE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 77 PILLING LANE, 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 77 PILLING LANE). 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 77 PILLING LANE?

77 PILLING LANE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 77 on PILLING LANE.