5, MEREFIELD, CHORLEY, PR7 1UP - £385,000

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.

5 MEREFIELD is a very large extended detached house of 203m², built sometime between 1967 and 1975, which could now be worth an estimated £528,612. It was last sold for £385,000 in April 2019, which was around 54% above the average April 2019 detached price in the Chorley local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

5 MEREFIELD Sold Prices

Land registry data shows one sale for 5 MEREFIELD 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
2019 15 APR	£385,000	£250,191	54% above HPI

What might 5 MEREFIELD be worth now?

5 MEREFIELD might now be worth an estimated £528,612.

This is based on house price inflation of 37.3%, between April 2019 and May 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 37.3% inflationary increase is applied to the most recent sale price for 5 MEREFIELD of £385,000 on 15th April 2019. For the value to have increased from £385,000 to £528,612 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 5 MEREFIELD has moved in line with the HPI for detached houses in the Chorley local authority area.
• The April 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEREFIELD has not materially changed since April 2019.

How Large is 5 MEREFIELD?

5 MEREFIELD is 203m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 5 MEREFIELD lies on this distribution: 96% of detached houses are smaller than 5 MEREFIELD, and 4% of detached houses are larger. Note that EPC data is not available for all properties in Chorley.

5 MEREFIELD: Plot

5 MEREFIELD sits on a plot of roughly 0.205 of an acre, or 828m².

Where is 5 MEREFIELD?

5 MEREFIELD is located in CHORLEY, in the PR7 postcode district.