NEW BUNGALOW, BETT LANE, WHEELTON, CHORLEY, PR6 8JH - £260,000

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.

NEW BUNGALOW is a very small detached house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £403,055. It was last sold for £260,000 in June 2009, which was around 22% above the average June 2009 detached price in the Chorley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

NEW BUNGALOW Sold Prices

Land registry data shows two sales for NEW BUNGALOW 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. One of the two NEW BUNGALOW sales was for above the average price, whilst the other was 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
2009 12 JUN	£260,000	£213,867	22% above HPI
1996 22 APR	£72,000	£72,750	1% below HPI

NEW BUNGALOW 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 NEW BUNGALOW sales from April 1996 and June 2009 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 1996 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2009 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might NEW BUNGALOW be worth now?

NEW BUNGALOW might now be worth an estimated £403,055.

This is based on house price inflation of 55%, between June 2009 and August 2025, 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 55% inflationary increase is applied to the most recent sale price for NEW BUNGALOW of £260,000 on 12th June 2009. For the value to have increased from £260,000 to £403,055 over the fifteen years and ten months to August 2025, the following assumptions must hold true:

• The value of NEW BUNGALOW has moved in line with the HPI for detached houses in the Chorley local authority area.
• The June 2009 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of NEW BUNGALOW has not materially changed since June 2009.

How Large is NEW BUNGALOW?

NEW BUNGALOW is 58m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Higher Wheelton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Higher Wheelton, and where NEW BUNGALOW lies on this distribution: Less than 1% of detached houses houses are smaller than NEW BUNGALOW, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Higher Wheelton.

NEW BUNGALOW: Plot and Title Map

NEW BUNGALOW sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of NEW BUNGALOW, 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 NEW BUNGALOW). 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 NEW BUNGALOW?

NEW BUNGALOW is located on BETT LANE in WHEELTON, in the PR6 postcode district. The below map shows the position of NEW BUNGALOW on BETT LANE.