40 Park Road, Chorley, PR7 1QU is a freehold terraced property built before 1900. The property offers approximately 517 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £116,689 , which equates to approximately £226 per square foot. It was last sold on 2 Nov 2017 for £85,000. Since then, the value has increased by £31,689, representing a 37.3% increase, or approximately 4.6% per year.

The current estimated value of £116,689 is:

  • 37.0% lower than the average property price on Park Road
  • 32.2% lower than the average in the PR7 1QU postcode area
  • and 46.7% lower than the average price for Chorley as a whole

At the most recent EPC inspection on 9 February 2017, the property was recorded as owner-occupied.

View sold house prices in PR7 1QU

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
517 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£116,689
Price Per sq ft (estimate)
£226
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Park Road, Chorley, Lancashire, PR7 1QU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Jan 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Feb 2017, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 25%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to electric immersion, standard tariff, with its energy efficiency changing from good to very poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The wall construction or insulation changed from sandstone or limestone, as built, no insulation (assumed) to sandstone or limestone, as built, insulated (assumed), improving energy efficiency from very poor to very good.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Sandstone or limestone, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PR7 1QU

8 th / 10
Price Rank
32% lower than average
3 rd / 4
Size Rank
47% smaller than average
2 nd / 4
Price Per Sq FT Rank
28% higher than average

Compared to other properties in PR7 1QU , this flat's estimated value ranks 8th out of 10. Based on price per square foot, it ranks 2nd out of 4 properties. In terms of size, this home ranks 3rd out of 4 properties in its postcode area.

Sale History

Today
£116,689
streetscan.co.uk estimate
+37 %
2 Nov 2017
£85,000
Leasehold

Area Insights

Similar Properties Sold Nearby

24 Park Road, Chorley, PR7 1QU
rooms: 3
size: 495 sq ft
sale price: £65,000
sale date: 14 Aug 2003
14 Park Road, Coppull, Chorley, PR7 5AH
rooms: 4
size: 592 sq ft
sale price: £109,000
sale date: 7 Jun 2019
15 Park Road, Adlington, Chorley, PR7 4HZ
rooms: 3
size: 568 sq ft
sale price: £83,000
sale date: 6 Dec 2018

Data Sources

The property at 40 Park Road, Chorley, Lancashire, PR7 1QU appears once in the Land Registry records, with the transaction recorded on 2 Nov 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jan 2019. 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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