2, COTTAGE FIELDS, CHORLEY, PR7 3QE - £282,000

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.

2 COTTAGE FIELDS is a midsized extended detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £342,713. It was last sold for £282,000 in April 2021, which was about the average April 2021 detached price in the Chorley local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

2 COTTAGE FIELDS Sold Prices

Land registry data shows one sale for 2 COTTAGE FIELDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Chorley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 9 APR	£282,000	£281,533	Close to HPI

What might 2 COTTAGE FIELDS be worth now?

2 COTTAGE FIELDS might now be worth an estimated £342,713.

This is based on house price inflation of 21.5%, between April 2021 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 21.5% inflationary increase is applied to the most recent sale price for 2 COTTAGE FIELDS of £282,000 on 9th April 2021. For the value to have increased from £282,000 to £342,713 over the five years to April 2026, the following assumptions must hold true:

• The value of 2 COTTAGE FIELDS has moved in line with the HPI for detached houses in the Chorley local authority area.
• The April 2021 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COTTAGE FIELDS has not materially changed since April 2021.

How Large is 2 COTTAGE FIELDS?

2 COTTAGE FIELDS is 122m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 2 COTTAGE FIELDS lies on this distribution: 58% of detached houses are smaller than 2 COTTAGE FIELDS, and 41% of detached houses are larger. Note that EPC data is not available for all properties in Chorley.

2 COTTAGE FIELDS: Plot

2 COTTAGE FIELDS sits on a plot of roughly 0.067 of an acre, or 273m².

Where is 2 COTTAGE FIELDS?

2 COTTAGE FIELDS is located in CHORLEY, in the PR7 postcode district.