159, PILLING LANE, CHORLEY, PR7 3EF - £137,000

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.

159 PILLING LANE is a large semi-detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £212,523. It was last sold for £137,000 in October 2015, which was about the average October 2015 semi-detached price in the Chorley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

159 PILLING LANE Sold Prices

Land registry data shows two sales for 159 PILLING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. One of the two 159 PILLING LANE sales was roughly equal to 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
2015 23 OCT	£137,000	£137,504	Close to HPI
1998 18 DEC	£46,000	£49,688	7% below HPI

159 PILLING LANE 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 159 PILLING LANE sales from December 1998 and October 2015 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 December 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 159 PILLING LANE be worth now?

159 PILLING LANE might now be worth an estimated £212,523.

This is based on house price inflation of 55.1%, between October 2015 and May 2026, for semi-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 55.1% inflationary increase is applied to the most recent sale price for 159 PILLING LANE of £137,000 on 23rd October 2015. For the value to have increased from £137,000 to £212,523 over the eleven years and five months to May 2026, the following assumptions must hold true:

• The value of 159 PILLING LANE has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The October 2015 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 159 PILLING LANE has not materially changed since October 2015.

How Large is 159 PILLING LANE?

159 PILLING LANE is 94m² according to the EPC inspection conducted in January 2014. This puts it in the largest 30% of semi-detached houses in Chorley, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Chorley, and where 159 PILLING LANE lies on this distribution: 72% of semi-detached houses are smaller than 159 PILLING LANE, and 27% of semi-detached houses are larger. Note that EPC data is not available for all properties in Chorley.

Where is 159 PILLING LANE?

159 PILLING LANE is located in CHORLEY, in the PR7 postcode district.