10, SUMMERFIELDS, COPPULL, CHORLEY, PR7 4LW - £340,000

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.

10 SUMMERFIELDS is a very large extended detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £365,109. It was last sold for £340,000 in February 2023, which was around 7% above the average February 2023 detached price in the Chorley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

10 SUMMERFIELDS Sold Prices

Land registry data shows three sales for 10 SUMMERFIELDS 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 10 SUMMERFIELDS 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
2023 3 FEB	£340,000	£318,615	7% above HPI
2020 30 MAR	£275,000	£258,225	6% above HPI
2014 30 MAY	£235,000	£206,304	14% above HPI

10 SUMMERFIELDS 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 10 SUMMERFIELDS sales between May 2014 and February 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 March 2020 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 10 SUMMERFIELDS be worth now?

10 SUMMERFIELDS might now be worth an estimated £365,109.

This is based on house price inflation of 7.4%, between February 2023 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 7.4% inflationary increase is applied to the most recent sale price for 10 SUMMERFIELDS of £340,000 on 3rd February 2023. For the value to have increased from £340,000 to £365,109 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 10 SUMMERFIELDS has moved in line with the HPI for detached houses in the Chorley local authority area.
• The February 2023 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SUMMERFIELDS has not materially changed since February 2023.

How Large is 10 SUMMERFIELDS?

10 SUMMERFIELDS is 131m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Coppull, based on EPC data. The below chart shows the distribution of detached houses by size in Coppull, and where 10 SUMMERFIELDS lies on this distribution: 82% of detached houses are smaller than 10 SUMMERFIELDS, and 18% of detached houses are larger. Note that EPC data is not available for all properties in Coppull.

Where is 10 SUMMERFIELDS?

10 SUMMERFIELDS is located in COPPULL, in the PR7 postcode district.