47, MILL LANE, COPPULL, CHORLEY, PR7 5AW - £107,000

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.

47 MILL LANE is a large extended terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £169,263. It was last sold for £107,000 in September 2010, which was around 1% below the average September 2010 terraced price in the Chorley local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

47 MILL LANE Sold Prices

Land registry data shows two sales for 47 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. One of the two 47 MILL LANE sales was for below the average price, whilst the other was 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
2010 29 SEP	£107,000	£108,026	1% below HPI
1997 23 MAY	£36,500	£35,658	2% above HPI

47 MILL 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 47 MILL LANE sales from May 1997 and September 2010 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 May 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2010 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 47 MILL LANE be worth now?

47 MILL LANE might now be worth an estimated £169,263.

This is based on house price inflation of 58.2%, between September 2010 and May 2026, for terraced 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 58.2% inflationary increase is applied to the most recent sale price for 47 MILL LANE of £107,000 on 29th September 2010. For the value to have increased from £107,000 to £169,263 over the sixteen years and four months to May 2026, the following assumptions must hold true:

• The value of 47 MILL LANE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The September 2010 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 47 MILL LANE has not materially changed since September 2010.

How Large is 47 MILL LANE?

47 MILL LANE is 85m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of terraced houses in Coppull, based on EPC data. The below chart shows the distribution of terraced houses by size in Coppull, and where 47 MILL LANE lies on this distribution: 69% of terraced houses are smaller than 47 MILL LANE, and 28% of terraced houses are larger. Note that EPC data is not available for all properties in Coppull.

Where is 47 MILL LANE?

47 MILL LANE is located in COPPULL, in the PR7 postcode district.