16 Banastre, Chorley, PR7 1TX is a leasehold flat built between 1967-1975. The property offers approximately 624 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £87,625 , which equates to approximately £140 per square foot. It was last sold on 1 Nov 2010 for £64,000. Since then, the value has increased by £23,625, representing a 36.9% increase, or approximately 2.4% per year.

The current estimated value of £87,625 is:

  • 4.3% lower than the average property price on Banastre
  • 15.5% higher than the average in the PR7 1TX postcode area
  • and 60.0% lower than the average price for Chorley as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 31 August 2021, the property was recorded as rented.

View sold house prices in PR7 1TX

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£87,625
Price Per sq ft (estimate)
£140
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Banastre, Chorley, Lancashire, PR7 1TX has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 31 Aug 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Apr 2010. The rating of E remains the same, but the energy efficiency score improved by 14%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 150 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£87,625
streetscan.co.uk estimate
+37 %
1 Nov 2010
£64,000
Leasehold
-25.6 %
9 Mar 2007
£86,000
Leasehold
+7.5 %
30 Jun 2005
£80,000
Leasehold
+233.3 %
22 Dec 1997
£24,000
Leasehold

Area Insights

Similar Properties Sold Nearby

17 Banastre, Chorley, PR7 1TX
rooms: 3
size: 624 sq ft
sale price: £65,500
sale date: 12 Jul 2024

Data Sources

The property at 16 Banastre, Chorley, PR7 1TX appears four times in the Land Registry records, with the latest transaction recorded on 1 Nov 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Aug 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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