LOWER BARN, LOWER LANE, CHINLEY, HIGH PEAK, SK23 6BD - £522,000

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.

LOWER BARN is a midsized extended detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £596,129. It was last sold for £522,000 in May 2022, which was around 32% above the average May 2022 detached price in the High Peak local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

LOWER BARN Sold Prices

Land registry data shows two sales for LOWER BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. Both of the two LOWER BARN 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
2022 13 MAY	£522,000	£394,838	32% above HPI
2000 20 APR	£149,000	£112,858	32% above HPI

LOWER BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The two LOWER BARN sales from April 2000 and May 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 April 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2022 sale, which was also at 32% above the HPI.

What might LOWER BARN be worth now?

LOWER BARN might now be worth an estimated £596,129.

This is based on house price inflation of 14.2%, between May 2022 and February 2025, for detached houses, in the High Peak local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.2% inflationary increase is applied to the most recent sale price for LOWER BARN of £522,000 on 13th May 2022. For the value to have increased from £522,000 to £596,129 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of LOWER BARN has moved in line with the HPI for detached houses in the High Peak local authority area.
• The May 2022 sale price of £522,000 represented a fair market value for the property.
• The size, condition, and specification of LOWER BARN has not materially changed since May 2022.

How Large is LOWER BARN?

LOWER BARN is 125m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of detached houses houses in Chinley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chinley, and where LOWER BARN lies on this distribution: 54% of detached houses houses are smaller than LOWER BARN, and 41% of houses are larger. Note that EPC data is not available for all properties in Chinley.

LOWER BARN: Plot and Title Map

LOWER BARN sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of LOWER BARN, 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 LOWER BARN). 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 LOWER BARN?

LOWER BARN is located on LOWER LANE in CHINLEY, in the SK23 postcode district. The below map shows the position of LOWER BARN on LOWER LANE.